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Stock impact report

Zacks Industry Outlook Highlights TIM, SK Telecom and KT [Yahoo! Finance]

KT Corporation (KT) 
US:NYSE Investor Relations: corp.kt.com/eng/html/investors/main.html
Company Research Source: Yahoo! Finance
Industry: Wireless (U.S.) Link: https://www.zacks.com/commentary/2249822/3-wireless-non-us-stocks-set-to-ride-on-positive-industry-trends The Zacks Wireless Non-US industry appears well-poised to benefit from healthy demand trends stemming from the increasing propensity to stay connected at the forefront of the digital edge. However, high capital expenditure for infrastructure upgrades, margin erosion, supply-chain disruptions due to geopolitical conflicts, raging wars, and high customer inventory levels have dented the industry's profitability. Nevertheless, TIM S.A. SK Telecom Co., Ltd. and KT Corp. are likely to capitalize on the solid long-term growth opportunities and rising demand for scalable infrastructure for seamless wireless and fiber connectivity, with the wide proliferation of IoT and accelerated 5G deployment. Industry Description The Zacks Wireless Non-US industry comprises mobile telecommunications and broadband service providers based on foreign shores. The Show less Read more
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