Telecom Industry Looks to Benefit as Americans Continue to Boost Spending on Phone Services
The Paragon Report Provides Stock Research on Frontier and Alaska Communications
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 10/01/12 -- As concerns of a major economic slowdown weighs on the broader markets investors have looked to the Telecom Industry for their stable revenues and hefty dividends. The S&P 500 Telecommunication Services Sector Index has gained nearly 22 percent year-to-date, outpacing the S&P 500 Index gain of 14 percent over the same period. The Paragon Report examines investing opportunities in the Telecom Industry and provides equity research on Frontier Communications Corp. (NASDAQ: FTR) and Alaska Communications Systems Group, Inc. (NASDAQ: ALSK).
Access to the full company reports can be found at:
Recent data has shown that while consumers have cut back spending on amenities coming out of the recession their spending on their phone bills has increased. According to data released from the Labor Department earlier this week in 2011 spending on phone services in the U.S increased by 4 percent, which was the fastest rate in nearly 7 years. Wireless carriers such as -- Verizon and AT&T -- had mobile services revenues of 22 billion in 2007, which then soared to 59 billion by 2011, according to UBS AG analysts. UBS expects that number to rise to $109 billion by 2017.
Paragon Report releases regular market updates on the Telecom Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at and get exclusive access to our numerous stock reports and industry newsletters.
Frontier Communications is an S&P 500 company and is included in the FORTUNE 500 list of America's largest corporations. The company currently offers investors an annual dividend of $0.40 per share for a yield of roughly 8.1 percent. At June 30, 2012, the Company had 2,978,900 residential customers and 296,500 business customers.
The Alaska Communications network includes advanced broadband and voice networks and the most diverse undersea fiber optic system connecting Alaska to the contiguous United States. The company offers investors an annual dividend of $0.20 per share for a dividend yield of 8.85 percent.
The Paragon Report has not been compensated by any of the above-mentioned publicly traded companies. Paragon Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at:
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Datum: 01.10.2012 - 12:20 Uhr
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