Thursday, 28 October 2021

Tag Archives: internet boom

Telco shares are surprise losers as lockdown drives internet boom

SINGAPORE/BERLIN: As lockdowns worldwide drive a surge in internet use, boosting online sales for businesses as varied as gaming and food delivery, the stocks of internet providers are an unlikely laggard on global markets. In Asia, Africa, Europe and the Americas, a combination of high fixed costs, debt and market ...

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