U.S. Telecom Potentially Undervalued Companies

BCE

Market Cap: US$28.2b

A communications company, provides wireless, wireline, internet, streaming services, and television (TV) services to residential, business, and wholesale customers in Canada.

Rogers Communications

Market Cap: US$25.3b

Operates as a communications, sports, and entertainment company in Canada.

VEON

Market Cap: US$3.7b

Provides telecommunications and digital services in Pakistan, Ukraine, Kazakhstan, Bangladesh, and Uzbekistan.

AT&T

Market Cap: US$146.8b

Provides telecommunications and technology services worldwide.

TIM

Market Cap: US$54.4b

Engages in the telecommunications sector in Brazil.

PLDT

Market Cap: US$251.7b

Provides telecommunications and digital services in the Philippines.

Telefónica

Market Cap: US$20.4b

Provides telecommunications services in Spain, Brazil, Germany, and the United Kingdom.

Millicom International Cellular

Market Cap: US$16.2b

Engages in the provision cable and mobile services in Latin America.

ATN International

Market Cap: US$356.1m

Through its subsidiaries, provides digital infrastructure and communications services to residential, business, and government customers in the United States, Guyana, the US Virgin Islands, Bermuda, and internationally.

Vodafone Group

Market Cap: US$26.7b

Provides telecommunication services in Germany, the United Kingdom, rest of Europe, Turkey, and South Africa.

Comcast

Market Cap: US$84.2b

Operates as a media and technology company worldwide.

Zegona Communications

Market Cap: US$3.4b

Engages in the provision of integrated telecommunications services in Spain.

Liberty Global

Market Cap: US$3.5b

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

IHS Holding

Market Cap: US$2.8b

Develops, owns, and operates shared communications infrastructure in Nigeria, Cameroon, Côte d’Ivoire, South Africa, and Zambia.

Liberty Global

Market Cap: US$3.5b

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

Telefónica

Market Cap: US$20.4b

Provides telecommunications services in Spain, Brazil, Germany, and the United Kingdom.

Liberty Global

Market Cap: US$3.5b

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

Vodafone Group

Market Cap: US$26.7b

Provides telecommunication services in Germany, the United Kingdom, rest of Europe, Turkey, and South Africa.

Liberty Latin America

Market Cap: US$1.5b

Provides fixed, mobile, and subsea telecommunications services in Puerto Rico, Panama, Costa Rica, Jamaica, Latin America and the Caribbean, the Bahamas, Trinidad and Tobago, Barbados, Curacao, Chile, and internationally.

Liberty Latin America

Market Cap: US$1.5b

Provides fixed, mobile, and subsea telecommunications services in Puerto Rico, Panama, Costa Rica, Jamaica, Latin America and the Caribbean, the Bahamas, Trinidad and Tobago, Barbados, Curacao, Chile, and internationally.

Grupo Televisa

Market Cap: US$25.6b

Engages in the cable networks and direct-to-home system businesses with Residential, Satellite, and Enterprise categories in Mexico and internationally.

Deutsche Telekom

Market Cap: US$128.6b

Provides integrated telecommunication services worldwide.

Verizon Communications

Market Cap: US$175.9b

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

Globe Telecom

Market Cap: US$229.7b

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

freenet

Market Cap: US$2.8b

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

Indosat

Market Cap: US$59.3t

Provides digital telecommunication services in Indonesia.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: US$248.2t

Provides information and communications technology, and telecommunications network services worldwide.

KT

Market Cap: US$12.7t

Provides integrated telecommunications and platform services in South Korea, rest of Asia, and internationally.

Hellenic Telecommunications Organization

Market Cap: US$7.7b

Engages in the provision of telecommunications and related services to residential and businesses in Greece and Romania.

Sarana Menara Nusantara

Market Cap: US$21.7t

Owns and operates telecommunication towers for wireless operators in Indonesia.

Infrastrutture Wireless Italiane

Market Cap: US$6.0b

Operates in the electronic communications infrastructure sector in Italy.

Space-Communication

Market Cap: US$148.5m

Provides satellite communication services in Israel and internationally.

PLDT

Market Cap: US$251.7b

Provides telecommunications and digital services in the Philippines.

PCCW

Market Cap: US$43.4b

Provides telecommunications and related services in Hong Kong, Mainland and other parts of China, Singapore, and internationally.

LleidaNetworks Serveis Telemàtics

Market Cap: US$19.0m

Operates as a teleoperator for short message management services through the internet in Spain and internationally.

B Communications

Market Cap: US$452.0m

Through its subsidiaries, provides telecommunications services for business and domestic customers in Israel.