The Global Telecom Services Industry Is Expected to Reach $1.8 Trillion in Three years
Five Star Equities Provides Stock Research on CenturyLink and Alaska Communications
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 07/18/12 -- High yielding telecommunications companies have performed well this year despite concerns of a global recession. Year-to-date, the iShares Dow Jones U.S. Telecommunications Sector Index Fund (IYZ) -- which measures the performance of the telecommunications sector of the United States equity market -- is up over 9 percent, more than double the Dow Jones gain of 4.16 percent over the same period. Five Star Equities examines the outlook for companies in the Telecommunications Industry and provides equity research on CenturyLink, Inc. (NYSE: CTL) and Alaska Communications Systems Group, Inc. (NASDAQ: ALSK).
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According to a new release from Global Industry Analysts, Inc. (GIA), Telecom Services: A Global Outlook, the global telecom services industry is expected to reach a massive $1.8 trillion in three years. The telecommunications industry now includes Internet services, wireless communications, cable TV systems, satellite communications and fiber optics networks.
The growing popularity of smart phones, tablet PCs, eReaders, netbooks and other portable devices is driving the exponential growth of mobile broadband subscription and data services, GIA says.
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CenturyLink is the third largest telecommunications company in the United States. The company plans to release its second quarter 2012 earnings results after the market closes on Wednesday, August 8, 2012, and host a related conference call at 4:00 p.m. CDT that day. CenturyLink currently offers investors an annual dividend of $2.90 per share for a yield of around 7 percent.
Alaska Communications is scheduled to release financial results for the second quarter 2012 shortly after markets close Monday, August 6, 2012. The company's Board of Directors declared a quarterly cash dividend of $0.05 per share on the company's common stock. The company had approximately 45.5 million shares of common stock outstanding as of April 18, 2012.
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Datum: 18.07.2012 - 06:20 Uhr
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