A variety of companies operate in the wireless telecommunication services industry, offering mobile phone and data plans or renting wireless devices to customers. The wireless telecommunication services sector is fragmented, with different companies operating in the space. Some companies focus on operating cell towers, while others sell cellphones or work with internet service providers. Not all wireless telecommunication services stocks are created equal, so it’s essential to understand what kind of company you’re investing in before buying shares. This article will look at some of the top wireless telecommunication services stocks to buy now and hold for the long term.
Telephone & Data Systems (TDS)
TDS, which operates Telephone & Data Systems, Inc., provides communication services to residential and business customers in the United States. The company operates in two segments: Business and Residential. In the Business segment, the company provides voice and data communications services to large and mid-sized customers. In addition, the company offers voice and data communications services to residential customers in the residential segment. The company operates a network that includes equipment and facilities, including copper, fiber, and other network assets, such as centralized office facilities, network control centers, network terminations, and network interconnect points. This network provides communications services, such as local exchange, long-distance, broadband, VoIP, and other communications-related products and services.
Shenandoah Telecommunications Company (SHEN)
Shenandoah Telecommunications Company (Shenandoah) provides various business and residential voice and data services, broadband, and video services in the United States. The company operates through two segments: Business and Residential. The Business segment offers fiber-based Ethernet, fiber-based services, fiber-based private lines, and other high-capacity services. In the Residential part, it provides voice services, broadband services, and video services. The company also offers various other services, such as managed services, installation, repair, maintenance services, and customer premise equipment, and sells multiple other communication services, such as data communication services, video conferencing services, and other communication services.
Partner Communications Company (PTNR)
PTNR, which operates as a Partner Communications Company, is a provider of telecommunications services in Israel. It operates through two segments: Wholesale and Retail. The Wholesale segment provides telecommunication services for resale and access to the public telephone network, including dial-up and virtual private network services, to other telecommunications operators. The Retail part offers telecommunication services, such as landline, broadband internet access, and voice over internet protocol services, to residential and corporate customers; and data communication services, such as leased lines, virtual private networks, and managed services, to other telecommunications operators.
PLDT Inc. (PHI)
PHI is a diversified investment holding company interested in real estate, healthcare, and information and communication technology (ICT) businesses in the Philippines, Australia, China, and the United States. The company’s segments include ICT, Real Estate, and Healthcare. The ICT segment offers domestic and international voice, data, and internet protocol (IP)-based services and other value-added services, such as internet protocol television and digital commerce services to individuals, small and medium enterprises, enterprises, and government organizations. The Real Estate segment engages in the ownership and development of office buildings, residential condominiums, and property management services.