U.S. Telecom Potentially Undervalued Companies

Gogo

Market Cap: US$658.6m

Provides broadband connectivity services to the aviation industry in the United States and internationally.

AT&T

Market Cap: US$172.6b

Provides telecommunications and technology services worldwide.

Indosat Ooredoo Hutchison

Market Cap: US$69.7t

Provides digital telecommunication services in Indonesia.

Telecom Italia

Market Cap: US$12.3b

Engages in the fixed and mobile telecommunications services in Italy and internationally.

PLDT

Market Cap: US$272.9b

Provides telecommunications and digital services in the Philippines.

TIM

Market Cap: US$51.9b

A telecommunications company, provides mobile, fixed, long-distance, data transmission, and broadband services in Brazil.

Telefónica

Market Cap: US$19.7b

Provides telecommunications services in Europe and Latin America.

BCE

Market Cap: US$30.0b

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

Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság

Market Cap: US$1.6t

Provides fixed-line and mobile telecommunication services for residential and business customers in Hungary, Bulgaria, Romania, and the Republic of North Macedonia.

Millicom International Cellular

Market Cap: US$9.5b

Provides cable and mobile services in Latin America.

Cogent Communications Holdings

Market Cap: US$983.5m

Through its subsidiaries, provides high-speed Internet access, private network, and data center colocation space services in North America, South America, Europe, Oceania, and Africa.

VEON

Market Cap: US$3.7b

A digital operator, provides telecommunications and digital services to corporate and individual customers in Pakistan, Ukraine, Kazakhstan, Uzbekistan, and Bangladesh.

ATN International

Market Cap: US$342.8m

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.

Rogers Communications

Market Cap: US$27.8b

Operates as a communications and media company in Canada.

IHS Holding

Market Cap: US$2.5b

Develops, owns, and operates shared communications infrastructure in Nigeria, Sub-Saharan Africa, the Middle East and North Africa, and Latin America.

América Móvil. de

Market Cap: US$1.1t

Provides telecommunications services in Latin America and internationally.

Liberty Global

Market Cap: US$3.7b

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

Liberty Global

Market Cap: US$3.7b

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

Telefónica

Market Cap: US$19.7b

Provides telecommunications services in Europe and Latin America.

Vodafone Group

Market Cap: US$24.3b

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

Bandwidth

Market Cap: US$442.9m

Operates as a cloud-based software-powered communications platform-as-a-service provider in the United States and internationally.

Liberty Latin America

Market Cap: US$1.4b

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.

Vodacom Group

Market Cap: US$278.2b

Provides communications products and services.

Liberty Latin America

Market Cap: US$1.4b

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.

Turkcell Iletisim Hizmetleri

Market Cap: US$215.0b

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

KORE Group Holdings

Market Cap: US$84.7m

Provides Internet of Things (IoT) services and solutions in the United States and internationally.

Deutsche Telekom

Market Cap: US$130.0b

Provides integrated telecommunication services 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.

Sarana Menara Nusantara

Market Cap: US$32.9t

Owns and operates telecommunication towers for wireless operators in Indonesia.

Kyivstar Group

Market Cap: US$2.9b

Provides a range of mobile communication and home Internet services in Ukraine.

Telecom Italia

Market Cap: US$12.3b

Engages in the fixed and mobile telecommunications services in Italy and internationally.

Vodacom Group

Market Cap: US$278.2b

Provides communications products and services.

Cogeco Communications

Market Cap: US$2.8b

Operates as a telecommunications corporation in Canada and the United States.

KDDI

Market Cap: US$10.2t

Engages in the provision of mobile telecommunications services in Japan and internationally.

freenet

Market Cap: US$3.5b

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

KT

Market Cap: US$12.6t

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