Global Telecom Undervalued Solid Performers

China Unicom (Hong Kong)

Market Cap: HK$216.6b

An investment holding company, provides telecommunications and related value-added services in the People’s Republic of China.

China Tower

Market Cap: HK$187.9b

Provides telecommunication tower infrastructure services in the People's Republic of China.

China United Network Communications

Market Cap: CN¥139.4b

Provides telecommunication services in the People’s Republic of China.

Telekom Malaysia Berhad

Market Cap: RM 27.9b

Engages in the establishment, maintenance, and provision of telecommunications and related services in Malaysia and internationally.

freenet

Market Cap: €3.1b

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

Vodafone Qatar P.Q.S.C

Market Cap: ر.ق10.3b

Provides cellular mobile telecommunication, and fixed-line and broadband services in Qatar.

Internet Initiative Japan

Market Cap: JP¥448.4b

Provides Internet connectivity, WAN, outsourcing, and systems integration services in Japan.