Telecom HOLDRs Trust issues depositary receipts called Telecom HOLDRs. The Trust will hold shares of common stock issued by companies that are involved in various segments of the telecommunications industry. These companies are among the 20 largest and most liquid with U.S.-traded common stock involved in the telecommunications industry as measured by market cap and trading volume.
HOLDRs c/o Merrill Lynch & Co., Inc.
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