Stock Market
Verizon, AT&T, Comcast, and T-Mobile: A Peek at 2023 for Telecom
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Charter Communications
sent a shudder through the world of telecommunications stocks on Tuesday evening. It held investor day that promised billions of dollars of additional network spending over the next few years, and an uncertain payoff.
It’s emblematic of a tug of war for wireless and wired telecommunication stocks in 2023: their businesses’ defensive mettle versus 5G and cable investments that could drag on cash flows.
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