Companies in this sector create and own the infrastructure through which data can be sent anywhere in the world through the phone or the Internet. These companies include wireless operators, satellite companies, cable companies and internet service providers.
Now a more decentralised sector, regulation has lowered barriers to entry. Smaller companies in the sector may sell and service communication equipment. Wireless Internet is key to growth in the industry and the expansion of high-speed, fibre networks is expected to be of increasing importance. Meanwhile, a shortage of airwaves has caused consolidation within the industry.
Analysts
Gareth Evans
Gareth has 20 years’ research experience covering the Technology sector. An Oxford University graduate, Gareth qualified as an accountant before starting his research career covering the Pan European Chemicals sector at the American Investment Bank Donaldson Lufkin & Jenrette (DLJ), later acquired by Credit Suisse. He then moved to cover the Technology sector at ABN AMRO, Canaccord and at Investec for eleven years, where he was Joint Head of Research. Gareth has received numerous awards for his work, including being voted techMark Analyst of the Year. Recognising the gap in the market for good quality research at the small cap end of the market, Gareth founded Progressive Equity Research in 2012.
Blaine Tatum
Blaine has over fifteen years’ Telecommunications and Technology research experience, covering both UK and European companies. During his career, he has held senior research positions at ABN AMRO, Salomon Brothers, (now Citigroup), and UBS. Blaine graduated from the University of Exeter with a degree in Computing and has an MBA (Finance) from Durham University. He is a member of the Chartered Institute for Securities and Investment and the Chartered Institute for IT.