The smallest, but fastest-growing, area within the sector is wireless communications, as more and more communications and computing methods shift to mobile devices and cloud-based technology. This piece of the industry is the anticipated keystone for the continued global expansion of the telecommunications sector. There is still ample room for growth, even in developed countries: As of 2018, the Federal Communications Commission (FCC) reported that approximately one-fifth of the rural American population still does not have access to broadband networks, for example.1
Looking forward, the sector's biggest challenge is to keep up with people's demand for speedier data connectivity, higher resolution, quicker video streaming, and ample multimedia applications. Meeting people's needs for faster and better connections as they consume and create content requires significant capital expenditures. Companies that can meet these needs thrive.
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KDDI Corp. (KDDIY)
Revenue (TTM): $48.3 billion
Net Income (TTM): $6.2 billion
Market Cap: $70.3 billion
1-Year Trailing Total Return: 6.2%
KDDI is a Japan-based telecommunications operator. In addition to cellular services, the company provides network, data center, cloud/SaaS, security, and IoT services in Japan as well as dozens of other countries around the world. It also offers financial and payment services. KDDI serves individual customers and businesses.
Orange SA (ORAN)
Revenue (TTM): $46.9 billion
Net Income (TTM): $3.2 billion
Market Cap: $32.7 billion
1-Year Trailing Total Return: -10.3%
Exchange: New York Stock Exchange
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