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In this Telecommunications sector note, Peel Hunt discuss the major themes at play in the industry such as our growing hunger for data, the inevitable tipping point for fibre optic technologies, the shifting sands of UK regulation, and Cloud-based services. The team initiate on CityFibre, Gamma Communications, and Manx Telecom.

By definition, the Internet would not exist but for the Telcos, be they fixed line broadband, mobile wireless, or satellite. Continuous innovation into speed, bandwidth, and security has seen the rise of Amazon Web Services, Facebook, Salesforce, YouTube, and Netflix. The continued existence of which will push up traffic and data usage; securing the continued investment by and requirement of the Telcos, in our view.

To view the full sector note please click here