Global Telecom Potentially Undervalued Companies

Controladora Axtel. de

Market Cap: Mex$3.7b

Through its subsidiaries, provides information and communications technology solutions in Mexico.

BT Group

Market Cap: UK£20.0b

Provides communications products and services in the United Kingdom, Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

Turkcell Iletisim Hizmetleri

Market Cap: ₺196.2b

Provides converged telecommunication and technology services in Turkey, Belarus, Turkish Republic of Northern Cyprus, and the Netherlands.

Verizon Communications

Market Cap: €186.3b

Through its subsidiaries, engages in the provision of communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide.

Koninklijke KPN

Market Cap: US$16.0b

Provides telecommunications and information technology (IT) services in the Netherlands.

Telekom Austria

Market Cap: €6.3b

Provides fixed-line and mobile communications solutions to individuals, commercial and non-commercial organizations, and other national and foreign carriers in Austria, Belarus, Bulgaria, Croatia, North Macedonia, Serbia, and Slovenia.

Telia Lietuva

Market Cap: €1.0b

Provides telecommunications, information technology (IT), and television (TV) services to business and residential customers in the Republic of Lithuania, Sweden, Norway, Finland, Estonia, and Latvia.

Telestrada

Market Cap: zł47.5m

Provides telecommunication services to business and individual customers.

Egyptian Satellite Company Nilesat

Market Cap: US$250.1m

Provides direct-to-home (DTH) broadcasting, satellite broadband, and other communication services in Egypt, the Middle East, and North Africa.

Anterix

Market Cap: €411.7m

Focuses on the commercialization of spectrum assets to enable the targeted utility and critical infrastructure customers to deploy private broadband networks and solutions.

GTL Infrastructure

Market Cap: ₹19.6b

An independent and neutral telecom tower company, builds, owns, operates, and maintains shared passive telecom infrastructure sites primarily in India.

Telia Lietuva

Market Cap: €1.0b

Provides telecommunications, information technology (IT), and television (TV) services to business and residential customers in the Republic of Lithuania, Sweden, Norway, Finland, Estonia, and Latvia.

MTN Uganda

Market Cap: USh6.4t

Provides telecommunication and mobile financial services in Uganda.

Proximus

Market Cap: US$2.4b

Provides digital services and communication solutions in Belgium and internationally.

GCI Liberty

Market Cap: US$1.0b

Through its subsidiaries, provides a range of data, wireless, video, voice, and managed services to residential customers, businesses, governmental entities, and educational and medical institutions in Alaska.

Telekom Slovenije d.d

Market Cap: €627.1m

Provides integrated communication and technology services and solutions in Slovenia, Kosovo, Bosnia and Herzegovina, Croatia, Serbia, Montenegro, and North Macedonia.

GTL Infrastructure

Market Cap: ₹19.6b

An independent and neutral telecom tower company, builds, owns, operates, and maintains shared passive telecom infrastructure sites primarily in India.

Quadrant Televentures

Market Cap: ₹306.1m

Provides telecommunication services to enterprise and retail customers under the CONNECT brand name in India.

Globe Telecom

Market Cap: ₱227.5b

Engages in the provision of telecommunications services to individual consumers, corporate, and small and medium enterprise clients in the Philippines.

Spark New Zealand

Market Cap: AU$4.8b

Provides telecommunications and digital services in New Zealand.

Directel Holdings

Market Cap: HK$35.3m

An investment holding company, provides mobile telecommunication and telecommunications value-added services in Hong Kong, Mainland China, and Singapore.

Hutchison Telecommunications Hong Kong Holdings

Market Cap: US$5.2b

An investment holding company, engages in mobile telecommunications business in Hong Kong and Macau.

Liberty Global

Market Cap: €6.5b

Provides broadband internet, video, fixed-line telephony, and mobile communications services to residential and business customers.

freenet

Market Cap: €4.3b

Provides telecommunications, broadcasting, and multimedia services for mobile communications/mobile internet, and digital lifestyle sectors in Germany.

CITIC Telecom International Holdings

Market Cap: US$7.7b

An investment holding company, engages in the provision of international telecommunications services in Hong Kong, China, Macau, Singapore, and internationally.

Turkcell Iletisim Hizmetleri

Market Cap: Mex$197.3b

Provides converged telecommunication and technology services in Turkey, Belarus, Turkish Republic of Northern Cyprus, and the Netherlands.

Deutsche Telekom

Market Cap: AR$163.4b

Provides integrated telecommunication services worldwide.

Orange Belgium

Market Cap: €989.6m

Provides telecommunication services in Belgium and Luxembourg.

freenet

Market Cap: CHF 3.5b

Provides telecommunications, broadcasting, and multimedia services for mobile communications/mobile internet, and digital lifestyle sectors in Germany.

Dayamitra Telekomunikasi

Market Cap: Rp48.1t

Provides telecommunication infrastructure solutions.

Dialog Axiata

Market Cap: LK₨242.9b

Provides communication and telecommunication infrastructure services to individuals and corporates in Sri Lanka.

Deutsche Telekom

Market Cap: €153.8b

Provides integrated telecommunication services worldwide.

XLSMART Telecom Sejahtera

Market Cap: €46.9t

Provides telecommunication, telecommunications network, and multimedia services for consumers and businesses in Indonesia.

Société Tunisienne d'Entreprises de Télécommunications

Market Cap: د.ت27.4m

Société Tunisienne d'Entreprises de Télécommunications S.A.

Vodacom Group

Market Cap: US$266.6b

Provides communications products and services.

Helios Towers

Market Cap: US$1.4b

An independent tower company, acquires, builds, and operates telecommunications towers.