Stocks: The Wired and the Tired
Competition from cable and wireless outfits continues to plague wireline telecom service providers, which have had to slash prices of their offerings. The stocks in this group have declined 5.1% in the year ending July 31, vs. a 2.6% gain in the S&P 1500 Index, says Todd Rosenbluth, who follows telecommunications stocks for Standard & Poor's Equity Research Services.
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