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TE Connectivity plc (TEL)
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BCE Inc. (BCE)
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Rogers Communications Inc. Class B Non-voting Shares (RCI.B)
Q: Morning Team,
How would you rank the above 3 telcos from high to low and why?
As alway, thanks for your invaluable help.
H.
How would you rank the above 3 telcos from high to low and why?
As alway, thanks for your invaluable help.
H.
5i Research Answer:
Telcos have been a tough industry to be in in the last few years due to the intense competitive landscape, capital intensity and limited pricing power. That being said, for investors that seek exposure to the telcos industry, we think the metrics to evaluate should be dividend growth, balance sheet strength, and track record of operational efficiency (organic growth, margin, etc.) here is our ranking of the three telcos from most to least preferred using these criteria: BCE, T, RCI.B.