VOD, BT.A, HTWS, AAF, CLX: Telecom stocks you may keep an eye on

May 17, 2022 02:26 PM BST | By Priya Bhandari
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Highlights

  • The UK telecommunication industry is one of the largest in Europe with a lot of global brands playing the field.
  • The industry is expected to face new challenges and opportunities this year, presented by technological, dynamic regulatory, and competitive environment. 

The UK telecommunication industry is one of the largest in Europe with a lot of global brands playing the field. In UK, the mobile and broadband penetration is far as compared to the European average with some of the major companies operating in the country. The industry is expected to face new challenges as well opportunities this year due to technological, dynamic regulatory and competitive environment.

Telecom stocks you may keep an eye on

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Let us look at 5 FTSE-listed telecom stocks that you can keep eye on.

  1. BT Group Plc (LON: BT.A)

With a market cap of £17,992.69 million, the FTSE 100-listed multinational telecommunication company has operations in around 180 countries. It is one of the largest providers of fixed-line broadband, mobile services and subscription television and IT services. The company reported decrease in revenue by 2% to £20,850 million in FY2022, from £21,331 million in FY2021. Its pre-profit tax increased by 9% to £1,963 million, from £1,804 million in FY2021.

The share value appreciated by 11.98% over the last one year as of 17 May 2022, while its year-to-date return stood at 7.17%. BT Group Plc’s shares were trading at GBX 181.90, up by 0.36% at 9:30 AM (GMT), as of 17 May 2022.

Also Read: HLMA, SGE, AVV, AVST, SXS: Top FTSE tech stocks to keep an eye on 

  1. Airtel Africa Plc (LON: AAF)

With a market cap of £5,253.90 million, the FTSE 100-listed telecommunication and mobile money services company operates in 14 African countries. The company recently reported an increase in revenue by 20.6% to US$4,714 million in FY2022, from US$3,908 million in FY2021. Its profit after tax rose by 82% to US$755 million FY2022, from US$415 million in FY2021.

 The share value appreciated by 76.27% in the last one year as of 17 May 2022, while its year-to-date return stood at 6.13%. Airtel Africa Plc’s shares were trading at GBX 141.90, up by 1.50% at 9:30 AM (GMT), as of 17 May 2022.

Also Read: HSBA, LLOY, BARC: As lending to SMEs drops, should you hold these stocks?

  1. Vodafone Group Plc (LON: VOD)

With a market cap of £33,850.25 million, the FTSE 100-listed telecommunication company that offers digital products and services such as television, smartphones and mobile, Internet of Things for business, broadband and super WiFi, cloud services, Artificial Intelligence (AI) and Augmented and virtual reality. It operates its network across Africa, Europe, Asia, and Oceania.

The telecommunication company recently reported a 4% increase in revenue to €45,580 million in FY2022, from €43,809 million in FY2021, driven by service revenue growth in Africa and Europe. The company generated a profit of €2,624 million, up from €536 million in FY2021.

Telecom stocks you may keep an eye on

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The share value depreciated by -15.73% over the last one year as of 17 May 2022, while its year-to-date return stood at 5.79%. Vodafone Group Plc’s shares were trading at GBX 118.76, down by 1.08% at 9:30 AM (GMT), as of 17 May 2022.

  1. Helios Towers Plc (LON: HTWS)

With a market cap of £1.205.20 million, the FTSE 250 listed telecom tower infrastructure company owns and operates telecommunications towers and infrastructure in the African market. The company recently reported an increase in revenue by 23% to US$127.5 million in Q1 2022, from US$103 million in Q1 2021. Its adjusted EBITDA increased by 20% to US$66.7 million in Q1 2022, from US$55.8 million in Q1 2021.

The share value depreciated by -29.32% over the last one year as of 17 May 2022, while its year-to-date return stood at -32.44%. Helios Towers Plc’s shares were trading at GBX 116.00, up by 0.87% at 9:30 AM (GMT), as of 17 May 2022.

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  1. Calnex Solutions Plc (LON: CLX)

With a market cap of £152.25 million, the share value of the FTSE AIM All-Share-listed telecommunications equipment company appreciated by 51.70% over the last one year as of 17 May 2022, while its year-to-date return stands at 44.77%. The company designs, produces, and markets equipment and support solutions for network synchronisation. Calnex Solutions Plc’s shares were trading at GBX 174.00, at 9:30 AM (GMT), as of 17 May 2022.

Note: The above content constitutes a very preliminary observation or view based on market trends and is of limited scope without any in-depth fundamental valuation or technical analysis. Any interest in stocks or sectors should be thoroughly evaluated taking into consideration the associated risks.


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