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Special Report

Telecoms: 5G - From A Bang To A Whimper

by Irene Tunkel, Chief Strategist   Guy Russell, Associate Vice President  

The Telecoms industry is highly concentrated, and carriers compete on price and quality of service in a slow growing market. Demand for capex is relentless. The roll out of 5G has disappointed. Recently, capex outlays have slowed, and operating cash flow has rebounded. Further, Telecoms is a quintessential defensive industry that will outperform during a market pullback.

BCA Research | US Equity Strategy

The US Equity Strategy, led by Noah Weisberger, advises investors on how macro regimes, fundamentals, and market dynamics shape risk and opportunity across US equities.

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