Global Telecom Undervalued Solid Performers

China Tower

Market Cap: HK$179.5b

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

Indus Towers

Market Cap: ₹1.1t

A telecom infrastructure company, engages in the operation and maintenance of wireless communication towers and related infrastructures for various telecom service providers in India, Nigeria, Uganda, and Zambia.

Far EasTone Telecommunications

Market Cap: NT$344.5b

Provides mobile telecommunications services in Taiwan and internationally.

TIM

Market Cap: R$53.7b

Engages in the telecommunications sector in Brazil.

Telekom Malaysia Berhad

Market Cap: RM 28.6b

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

freenet

Market Cap: €3.0b

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

Internet Initiative Japan

Market Cap: JP¥543.1b

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

NOS S.G.P.S

Market Cap: €2.7b

Engages in the telecommunications and entertainment business.

Vodafone Qatar P.Q.S.C

Market Cap: ر.ق11.2b

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

MTN Uganda

Market Cap: USh9.5t

Provides telecommunication and mobile financial services in Uganda.