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    6 5G-Ready Telecom Stocks to Boost Your Portfolio

    by Lisa Springer, Contributing Writer, Kiplinger.com Mar 09, 2018 6 minutes

    Telecom stocks are favorites of income investors because of their sometimes generous yields. However, as leading telecommunications firms begin rolling out 5G technology, investors may find new reasons to own these stocks.

    5G is the fifth generation of mobile wireless technology and a major step up from previous versions. 5G will greatly accelerate download speeds, improve response times and enable networks to connect to many more types of devices.

    Wide-ranging applications for 5G in new markets such as video streaming, smart manufacturing and driverless cars will fuel revenue gains for companies providing 5G service and technology. Networking giant Ericsson (ERIC) predicts a 5G market surpassing $1.2 trillion within 10 years. Facebook (FB) CEO Mark Zuckerberg envisions "killer applications" for 5G in virtual reality games, and other techies think 5G will drive major advances in telemedicine and robotics.

    5G-ready telecoms, then, will be able to keep pace with exponential growth in data demand, trim costs and tap into new

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