The telecommunications industry is currently brimming with opportunities to earn a lofty dividend up front, with ample scope for capital gains down the road. Here in the United States, mergers have dramatically altered the telecom landscape over the past decade. While there are still something like 1,300 independent telephone companies across America, two giants, AT&T (NYSE: T) and Verizon Communications (NYSE: VZ), easily control more of the market than everyone else combined.
Beyond our borders, selected foreign telephone companies offer generous yields with greater growth potential. And these well-managed companies should only increase their dividends if the U.S. dollar keeps going down. Buy #1 Telenor (OTC: TELNY), Buy #2 Cellcom Israel (CEL) and Buy #3 Telkom Indonesia (TLK).
Source: InvestorPlace
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