10 Best Telecom Stocks to Invest In

In this article, we will take a look at the 10 Best Telecom Stocks to Invest In.

In 2025, the telecommunications industry saw strong demand trends, including faster 5G deployment and higher fiber densification, which were fueled by consumer demand to keep pace with the latest developments in technology. In terms of expansion, the Future of Commerce states that global 5G connections are expected to increase from 1.76 billion in 2023 to 7.9 billion in 2028.

Even as the 5G rollout continues, 6G technology is emerging, promising ultra-high data rates through terahertz frequency bands, low latency, and AI integration. It seeks to transform communication with applications such as smart grids and immersive XR experiences.

The integration of AI with telecommunications also indicates a major economic shift in the industry. Infrastructure investments by leading carriers in collaboration with cloud providers enable downstream potential for service providers to tap into increased capacity without incurring capital costs. Meanwhile, the use of AI-RAN technology creates new service categories that weren’t available in traditional telecom systems.

In this context, the global AI in telecommunications market was valued at $1.89 billion in 2024 and is expected to reach $50.21 billion by 2034, reflecting a compound annual growth rate of 38.81%.

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Our Methodology

We used the Finviz stock screener to compile an initial list of top telecom stocks. We then selected the 10 stocks that were the most popular among elite hedge funds and that analysts were bullish on. The stocks are ranked in ascending order of the number of hedge funds that have stakes in them, as of Q3 2025.

Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 427.7% since May 2014, beating its benchmark by 264 percentage points (see more details here).

10. América Móvil SAB de CV (NYSE:AMX)

Number of Hedge Fund Holders: 12

América Móvil SAB de CV (NYSE:AMX) ranks among the best telecom stocks to invest in. On December 11, Bank of America Securities began coverage of América Móvil SAB de CV (NYSE:AMX), rating it Neutral and setting a $26 price target on the company’s shares. The firm stated that Latin American telecommunications entered a positive period in 2023-2024, with capital expenditures relaxing following 5G investments and industry consolidation strengthening pricing power.

BofA Securities noted that improved cash generation in the industry has resulted in increased dividends for investors, a pattern that benefits telecoms companies throughout Latin America. América Móvil SAB de CV (NYSE:AMX) represents this trend, having paid dividends for the past 25 years.

Furthermore, on December 19, América Móvil SAB de CV (NYSE:AMX) strengthened its grip on broadcasting the Olympics in Latin America, maintaining rights in 16 regions in an agreement that extends through and includes the Brisbane 2032 games.

The new agreement covers events like the Winter Olympics in 2026 (Milano Cortina) and 2030 (French Alps), the Summer Olympics in 2028 (Los Angeles) and 2032 (Brisbane), and the Youth Olympic Games throughout the same time period.

América Móvil SAB de CV (NYSE:AMX) is a major Mexican telecommunications company that specializes in communications, information technology, and digital content. It is one of the largest mobile network operators in the world and it offers its products and services in 22 countries across Latin America and Europe.