The telecom industry is expected to grow as a result of increased demand for high-speed internet and quick 5G deployment. The increasing reliance on digital communication and the need for faster and more reliable connectivity are driving this growth. Also, the rise of new technologies, such as the Internet of Things (IoT) and artificial intelligence (AI), are boosting the demand for enhanced telecom infrastructure.
So, I think telecom stocks Globalstar, Inc. (GSAT), T-Mobile US, Inc. (TMUS), and Verizon Communications Inc. (VZ) could be worth adding to your watchlist.
