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StockNews.com
Business
Anushka Dutta

THE TRUTH ABOUT: 2 downgraded telecom stocks to avoid | History Defined

The telecom sector expanded by augmenting network capacity with additional fiber and wireless deployments to meet the demand for high-speed networks in 2021. However, with purported declining interest in Wi-Fi-enabled internet and the introduction of 5G fixed wireless access (FWA), competition in the industry might increase this year.

In addition, major U.S. passenger and cargo airlines have warned of a potential catastrophe due to 5G deployments. The U.S. Federal Aviation Administration (FAA) has warned that the new technology could interfere with altimeters, which measure how far above the ground a plane is flying.

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