Worldwide Telecommunications Revenues to Reach $2.1 Trillion in 2012
Five Star Equities Provides Stock Research on CenturyLink and Alaska Communications Systems
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 11/07/12 -- U.S. Telecom stocks have continued to outperform the broader markets in 2012. With interest rates and bond yields near record lows investors have flocked to high yielding telecom companies. The iShares Dow Jones U.S. Telecommunications Sector Index Fund (IYZ) has gained over 15 percent year-to-date, nearly 3 times the gain of the Dow Jones Industrial Average over the same period. Five Star Equities examines the outlook for companies in the Telecom Industry and provides equity research on CenturyLink, Inc. (NYSE: CTL) and Alaska Communications Systems Group, Inc. (NASDAQ: ALSK).
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Research firm Insight Research Corp. forecasts that worldwide telecommunications industry revenues will reach $2.1 trillion in 2012. Despite uncertainties in the global economy revenues are expected to continue growing at an annual rate of 5.3 percent, before reaching $2.7 trillion in 2017.
"Even amidst so much economic uncertainty, the fact remains that telecommunications is a key factor in economic growth. Telecommunications facilitates socio-economic advancement and is a critical utility for economic development, much like water and energy," said Fran Caulfield, Research Director for Insight Research.
Five Star Equities releases regular market updates on the Telecom Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at and get exclusive access to our numerous stock reports and industry newsletters.
CenturyLink is the third largest telecommunications company in the United States and is recognized as a leader in the network services market by technology industry analyst firms. The company currently offers investors an annual dividend of $2.90 per share for a yield of roughly 7.55 percent. CenturyLink is scheduled to release their third quarter results after market close on November 7, 2012.
Alaska Communications is a leading provider of high-speed wireless, mobile broadband, Internet, local, long-distance and advanced broadband solutions for businesses and consumers in Alaska. Despite reporting strong third quarter results, shares of the company have fallen sharply as the Board of Directors has elected to suspend their common dividend.
Five Star Equities provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. Five Star Equities has not been compensated by any of the above-mentioned companies. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at:
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Datum: 07.11.2012 - 07:20 Uhr
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