The telecom industry is back in the limelight for all good reasons. While the S&P Telecom Select Industry Index has recorded a 40%+ rise over the last one year, the industry has outperformed the overall S&P 500, which increased by about 20% over the same time frame. Powering this growth? Solid profits from legacy behemoths such as AT&T Inc (NYSE:T) and Verizon Communications Inc (NYSE:VZ), an AI-driven growth story, and rumors of interest rate reductions that might reduce capital expenses companywide.
AT&T is giving the telecom industry a second wind. Check its prices live.
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