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.
9. Grupo Televisa, S.A.B. (NYSE:TV)
Number of Hedge Fund Holders: 12
Grupo Televisa, S.A.B. (NYSE:TV) ranks among the best telecom stocks to invest in. On December 11, BofA Securities maintained a Neutral rating on Grupo Televisa, S.A.B. (NYSE:TV), boosting its price target from $2.60 to $3.30. The rise comes after BofA included third-quarter results into its predictions, noting Televisa’s enhanced cash generation, which is projected to provide a 5% FCF to the company by 2026.
Despite the strong cash flow outlook, BofA identified a number of execution risks for Grupo Televisa, S.A.B. (NYSE:TV), including diminishing Sky user numbers and competition challenges that limit broadband price hikes.
Moreover, BofA highlighted the possible advantages of TelevisaUnivision, which is 45% owned by Televisa, pointing to the VIX streaming service’s impressive initial growth, which accounted for almost 20% of revenues in 2024 and has already turned profitable. Adding on, just a month ago, TelevisaUnivision and YouTube TV announced a multi-year distribution agreement that restored the media company’s networks on the pay-TV service following a nearly two-month halt.
Grupo Televisa, S.A.B. (NYSE:TV) is a major Mexican telecommunications and media company headquartered in Mexico City. The company owns and operates cable companies and provides direct-to-home satellite pay television services in Mexico and internationally.
8. Globalstar, Inc. (NASDAQ:GSAT)
Number of Hedge Fund Holders: 18
Globalstar, Inc. (NASDAQ:GSAT) ranks among the best telecom stocks to invest in. Deutsche Bank began coverage of Globalstar, Inc. (NASDAQ:GSAT) on December 16 with a $62 price target and a Hold rating. The bank’s study addresses Globalstar’s place in the satellite communication (satcom) industry, highlighting the company’s deliberate shift from direct competition with providers like as Inmarsat and Iridium to transforming into a major capacity supplier as Apple’s direct-to-device (D2D) network operator.
Following the Echostar and SpaceX arrangement, Globalstar’s spectrum gained “material” strategic worth, according to Deutsche Bank, which helped the stock more than double in the last three months.
Additionally, in order to support its third-generation mobile satellite services throughout Central and South America, Globalstar, Inc. (NASDAQ:GSAT) stated more than a month ago that it will be adding eight new six-meter C-3 tracking antennas to its ground stations throughout Brazil. The eight additional antennae being set up are part of a larger global expansion that includes up to 90 new tracking antennas for Globalstar’s third-generation C-3 satellite system.
Globalstar, Inc. (NASDAQ:GSAT) is an international telecom infrastructure provider that offers reliable satellite and terrestrial connectivity services. The company operates a satellite constellation in low Earth orbit to deliver secure data transmission for asset tracking, critical data transfer, and safety applications for consumers, businesses, and government agencies around the world.
7. Rogers Communications Inc. (NYSE:RCI)
Number of Hedge Fund Holders: 18
Rogers Communications Inc. (NYSE:RCI) ranks among the best telecom stocks to invest in. Citing substantial potential value in the company’s sports assets, TD Cowen reaffirmed its Buy rating and $64 price target for Rogers Communications Inc. (NYSE:RCI) on December 1. With a path to surface value over the following two years, the firm emphasized sports monetization as a “meaningful and highly visible catalyst” that investors have yet to fully recognize.
According to TD Cowen, the gross valuation of Rogers Communications’ sports teams is $13.9 billion, which includes full ownership of the Blue Jays and 75% ownership of MLSE. Following a 25% holding company/tax reduction, the adjusted value equals $10.5 billion.
Rogers Communications Inc. (NYSE:RCI) reported strong third-quarter performance in 2025. The company’s revenue totaled C$5.34 billion, a 4% increase from the previous year. Services revenue came in at C$4.7 billion, up 4% from the same period last year. The company also introduced Rogers Satellite, which currently offers three times greater geographic coverage to Canadians than competitors.
Rogers Communications Inc. (NYSE:RCI) is a leading Canadian communications and entertainment company that specializes in wireless communications, cable television, telephony and internet services. The company has significant additional telecommunications and mass media assets and boasts one of the most extensive and advanced high-speed wireless networks in Canada.
6. BCE Inc. (NYSE:BCE)
Number of Hedge Fund Holders: 25
BCE Inc. (NYSE:BCE) ranks among the best telecom stocks to invest in. On December 11, BMO Capital upgraded BCE Inc. (NYSE:BCE) from Market Perform to Outperform, retaining a C$37 price target on the company’s shares. The increase represents a “relatively more attractive risk/reward profile” for the company.
BCE’s dividend has been “derisked with reasonable FCF payout ratios,” according to BMO Capital, easing a major worry for investors in the high-yield telecom industry. The firm believes that by combining modest growth, synergies, a lowering capital expenditure profile, and small-scale asset sales, BCE Inc.(NYSE:BCE) may meet its leverage goals.
BCE Inc. (NYSE:BCE) also performed well in the third quarter of 2025, thanks to strategic acquisitions and collaborations. The company’s total revenue climbed by 1.3%, mainly due to the acquisition of Ziply Fiber. In addition, its adjusted EBITDA increased by 1.5% while maintaining a good margin of 45.7%. The sale of a $5.2 billion interest in MLSE significantly increased net earnings, while adjusted EPS increased by 5.3% year-over-year.
BCE Inc. (NYSE:BCE) is a communications company that provides wireless, wireline, internet, streaming services, and television services to residential, business, and wholesale customers in Canada.
5. Cogent Communications Holdings Inc. (NASDAQ:CCOI)
Number of Hedge Fund Holders: 31
Cogent Communications Holdings Inc. (NASDAQ:CCOI) ranks among the best telecom stocks to invest in. On December 10, KeyBanc upheld its Overweight rating and $30 price target for Cogent Communications Holdings Inc. (NASDAQ:CCOI). The bank acknowledged that 2025 had been “a disaster” for the telecom operator, though it was more positive about 2026 than the majority of analysts.
In the third quarter of 2025, the company recorded a net loss of $41.5 million, compared to $63.1 million in the previous year’s period. Despite a reduction in top-line, lower operating expenses resulted in a smaller deficit year-over-year.
Although Cogent Communications Holdings Inc. (NASDAQ:CCOI) was one of KeyBanc’s worst-performing stocks in 2025, the firm stated that “little needs to go right” for it to emerge as its best performer in 2026, signaling the possibility of a comeback.
KeyBanc cited three possible drivers for Cogent Communications Holdings Inc. (NASDAQ:CCOI) in the upcoming year: data center monetization to aid restructuring, forced billing on Wavelengths to drive expansion, and early signs of growth in the company’s core business.
Cogent Communications Holdings Inc. (NASDAQ:CCOI) is an internet service provider that specializes in high-speed internet access and private network services. It caters to bandwidth-intensive businesses and communication service providers.
4. Verizon Communications Inc. (NYSE:VZ)
Number of Hedge Fund Holders: 60
Verizon Communications Inc. (NYSE:VZ) ranks among the best telecom stocks to invest in. Raymond James reaffirmed its Outperform rating on Verizon Communications Inc. (NYSE:VZ) on December 16 with a price target of $47, citing the company’s strong dividend yield and potential for subscriber growth. The firm believes that in order to finance customer acquisition and care programs, Verizon’s management is working on cost-cutting measures.
According to Raymond James, Verizon Communications Inc. (NYSE:VZ) is analyzing legacy expenditures that are “long overdue to be rolled back”. The firm stated that Verizon intends to greatly reduce or cancel ineffective initiatives like Mobile Edge Compute, Internet of Things emphasis, and Private Networks. The rewards of these strategy improvements are likely to manifest largely between late 2026 and early 2027, with Fixed Wireless Access (FWA) likely to receive attention.
Furthermore, Verizon Communications Inc. (NYSE:VZ) established a new 100G specialized optical ring for Monumental Sports & Entertainment, which improves the network infrastructure of the Monumental Sports Network. In addition, the company successfully completed the sale of €2.25 billion and £1 billion in subordinated notes due in 2056, which included prominent financial institutions like BNP Paribas and Goldman Sachs.
Verizon Communications Inc. (NYSE:VZ) is a leading provider of technology, entertainment, and communication services worldwide.
3. T-Mobile US Inc. (NASDAQ:TMUS)
Number of Hedge Fund Holders: 81
T-Mobile US Inc. (NASDAQ:TMUS) ranks among the best telecom stocks to invest in. On December 2, KeyBanc lifted T-Mobile US Inc. (NASDAQ:TMUS) from Underweight to Sector Weight, suggesting a neutral risk/reward profile at present prices. The firm continues to identify structural, cyclical, and company-specific problems for T-Mobile US Inc. (NASDAQ:TMUS), though it thinks these risks have been addressed in the stock’s price.
The next major trigger for the stock, according to KeyBanc, will be T-Mobile’s fourth-quarter earnings release and the company’s 2026/2027 projection. The firm anticipates that T-Mobile US Inc. (NASDAQ:TMUS) can expect an acceleration in organic growth rates following its anticipated investments in 2025.
Most notably, T-Mobile US Inc. (NASDAQ:TMUS) raised its FY25 outlook for postpaid net subscriber additions from 6.1-6.4 million to 7.2-7.4 million, an improvement of 1.05 million at the midpoint. The company’s core adjusted EBITDA forecast also rose by $300 million at the midpoint to $33.7-33.9 billion, while net cash generated through operations guidance was enhanced by $600 million to $27.8-28.0 billion. T-Mobile US Inc. (NASDAQ:TMUS) also boosted its capital expenditure plan from $9.5 billion to $10.0 billion, indicating additional investment to support its rising customer base and network growth.
T-Mobile US Inc. (NASDAQ:TMUS) provides wireless communications services in the US, Puerto Rico, and the United States Virgin Islands. The company offers voice, messaging, and data services to postpaid, prepaid, and wholesale & other services customers.
2. Comcast Corporation (NASDAQ:CMCSA)
Number of Hedge Fund Holders: 84
Comcast Corporation (NASDAQ:CMCSA) ranks among the best telecom stocks to invest in. On December 18, UBS maintained its Neutral rating and $36 price target for Comcast Corporation (NASDAQ:CMCSA), citing mixed financial conditions ahead of fourth-quarter earnings. The firm anticipates Comcast’s Q4 reports to show increasing investments in broadband services, resulting in higher revenue yet greater EBITDA reductions than in previous quarters.
UBS moderately trimmed its Comcast Corporation (NASDAQ:CMCSA) expectations due to increased broadband customer losses and lower profitability in the studio sector. The firm now expects total company revenue growth of 0.8% with a 9.6% EBITDA decrease in Q4, culminating in stagnant revenue and a 1.6% EBITDA decline for the year.
In 2026, UBS anticipates a 1.9% revenue increase but a worse 4.8% EBITDA decline due to the NBA deal’s full-year impact on content profitability and the slow pace of connection upgrades.
Additionally, Comcast Corporation (NASDAQ:CMCSA) announced on December 15 that it had concluded expanding its network in Litchfield County, making it possible to provide dependable high-speed internet connections. The growth is expected to help 22,000 new houses and businesses in the county, as well as surrounding communities including Morris, Thomaston, Torrington, and Watertown.
Comcast Corporation (NASDAQ:CMCSA) is a media and technology company that operates through Residential Connectivity & Platforms, Business Services Connectivity, Media, Studios, and Theme Parks segments.
1. AT&T Inc. (NYSE:T)
Number of Hedge Fund Holders: 84
AT&T Inc. (NYSE:T) ranks among the best telecom stocks to invest in. On December 19, Goldman Sachs reduced its price target for AT&T Inc. (NYSE:T) to $29 from $33, maintaining a Buy rating on the company’s shares. According to the firm, AT&T Inc. (NYSE:T) is expected to earn an 8% free cash flow CAGR through 2029, which will enable faster share repurchases, powered by consistent Mobility EBITDA growth, rapidly growing fiber transmissions, and better Business Wireline trends.
Goldman Sachs added that AT&T’s industry-leading capital expenditure and growing fiber footprint, which could be strengthened by the Lumen Mass Markets acquisition, should boost convergence benefits and prepare the network for expanding AI-driven traffic.
Conversely, on December 15, Wolfe Research downgraded AT&T Inc. (NYSE:T) to Peer Perform from Outperform, citing a “wait and see” stance. Although the firm continues to see AT&T Inc. (NYSE:T) as a long-term strategic winner, it identified increased near-term risks due to evolving market conditions.
Wolfe claims that pricing and promotional adjustments could have an impact on postpaid phone ARPU growth in 2026, which the firm projects will be only 0.3% year-over-year, as well as subscriber growth.
Leading telecommunications firm AT&T Inc. (NYSE:T) provides a wide range of wireless communication services and data solutions to a number of customer groups, including corporations, governmental organizations, wholesale customers, and individual consumers.
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