Equity Research on France Telecom SA and KT Corp. -- Upside for Foreign Telecom
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 11/02/12 -- Foreign telecommunication providers have had a rough time for most of the year. Sovereign debt crises have plagued European providers while a slowdown in China lowered the forecasts for many Asian companies. However, an improved global economic outlook combined with expansion efforts is bringing optimism back for several foreign telecom providers. Get your free reports on and at . There is no commitment to join.
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European telecom providers have certainly been battered by debt crises in the region but may be good bargains. France Télécom S.A. has felt the pressure of the economic crisis but has been partially shielded by France still maintaining the second largest economy in Europe. Furthermore, it receives roughly 30% of its revenues from outside the country and is becoming increasingly competitive in several fast growing Middle Eastern and North African markets. report is accessible for free by registering today at
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Several Asian providers are also looking to expand operations outside of their own markets. Korea's KT Corp. recently agreed to ally with China Mobile to jointly develop new smartphones, and near field communication technology among other things. This move is particularly positive considering the rapid rate of technological turnover in the Korean market. report is accessible for free by registering today at
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