| Company | Tickers | Rating | Target | Analyst | Model |
|---|---|---|---|---|---|
| 58.com | WUBA:US | Neutral | USD56 | Jin Yoon | |
| Advanced Info Services | ADVANC:TB | Neutral | THB205 | Chris Hoare | Model |
| Advanced Micro Devices | AMD:US | Sell | USD60 | Pierre Ferragu | |
| Alibaba Group | BABA:US | Buy | USD300 | Jin Yoon | |
| Altice | ATC:NA, ATCB:NA | Neutral | EUR4.1 | Russell Waller | |
| Altice USA | ATUS:US | Buy | USD42 | Jonathan Chaplin | Model |
| America Movil | AMX:US | Buy | USD16.5 | Soomit Datta | |
| American Tower | AMT:US | Buy | USD315 | Spencer Kurn | Model |
| Apple | AAPL:US | Neutral | USD110 | Pierre Ferragu | |
| Applied Materials | AMAT:US | Buy | USD92 | Pierre Ferragu | |
| Arista Networks | ANET | Buy | USD300 | Pierre Ferragu | |
| ASML | ASML:AS | Neutral | EUR330 | Pierre Ferragu | |
| AT&T | T:US | Neutral | USD35 | Jonathan Chaplin | Model |
| Axiata | AXIATA:MK | Neutral | MYR4.20 | Chris Hoare | Model |
| Baidu | BIDU:US | Buy | USD170 | Jin Yoon | |
| Bharti Airtel | BHARTI:IN | Buy | INR900 | Chris Hoare | Model |
| Bharti Infratel | BHIN:IN | Buy | INR280 | Chris Hoare | |
| British Telecom | BT/A:LN | Buy | GBP2.50 | James Ratzer | Model |
| Broadcom | AVGO:US | Buy | USD400 | Pierre Ferragu | |
| Cellnex | CLNX:SM | Sell | EUR32 | James Ratzer | Model |
| Charter | CHTR:US | Buy | USD732 | Jonathan Chaplin | Model |
| China Mobile | 941:HK | Sell | HKD45 | Chris Hoare | Model |
| China Telecom | 728:HK | Neutral | HKD2.60 | Chris Hoare | Model |
| China Tower | 788:HK | Buy | HKD2.30 | Chris Hoare | Model |
| China Unicom | 762:HK | Neutral | HKD4.2 | Chris Hoare | Model |
| Chorus | CNU:NZ | Buy | NZD9.20 | Ian Martin | |
| Chunghwa Telecom | 2412:TT | Sell | TWD87 | Alastair Jones | |
| Cisco | CSCO:US | Buy | USD60 | Pierre Ferragu | |
| Comcast | CMCSA:US | Buy | USD50 | Jonathan Chaplin | Model |
| Crown Castle | CCI:US | Neutral | USD165 | Spencer Kurn | Model |
| Dada Nexus Ltd | DADA:US | Buy | USD40 | Jin Yoon | |
| Deutsche Telekom | DTE:GR | Buy | EUR23.5 | James Ratzer | Model |
| Digi.com | 6947, DIGI:MK | Sell | MYR3.80 | Chris Hoare | Model |
| Digital Realty Trust | DLR:US | Neutral | USD140 | Spencer Kurn | Model |
| Digital Telecoms Infra Fund | DIF:TB | Buy | THB19.30 | Chris Hoare | |
| DISH Network | DISH:US | Buy | USD88 | Jonathan Chaplin | Model |
| Drillisch | DRI:GR | Buy | EUR29 | James Ratzer | Model |
| Elisa | ELISA:FI | Neutral | EUR51 | Russell Waller | |
| Entel Chile | ENTEL:CI | Sell | CLP4500 | Soomit Datta | |
| Equinix | EQIX:US | Buy | USD820 | Spencer Kurn | Model |
| Ericsson | ERIC.B:ST | Neutral | SEK110 | Pierre Ferragu | |
| Euskaltel | EKT:SM | Neutral | EUR8.3 | Soomit Datta | |
| Far EasTone | 4904:TT | Neutral | TWD64 | Alastair Jones | |
| Globe Telecom | GLO:PM | Neutral | PHP1960 | Michael Chambers | |
| HKBN | 1310:HK | Buy | HKD21.00 | Alastair Jones | |
| HKT Trust | 6823:HK | Neutral | HKD13.7 | Alastair Jones | |
| Hutchison Telecom Hong Kong | 215:HK | Neutral | HKD1.43 | Alastair Jones | |
| Iliad | ILD:FP | Buy | EUR210 | Russell Waller | |
| Indosat | ISAT:IJ | Neutral | IDR2900 | Chris Hoare | Model |
| Infineon | IFX:DE | Buy | EUR32 | Pierre Ferragu | |
| Intel | INTC:US | Buy | USD100 | Pierre Ferragu | |
| Inwit | INW:IM | Neutral | EUR10.8 | James Ratzer | Model |
| iQIYI | IQ:US | Neutral | USD23 | Jin Yoon | |
| Jasmine Infra Fund | JASIF:TB | Buy | THB13.50 | Chris Hoare | |
| JD.com | JD:US | Buy | USD95 | Jin Yoon | |
| KDDI | 9433:JP | Buy | JPY4800 | Chris Hoare | Model |
| KPN | KPN:NA | Buy | EUR3.1 | Russell Waller | |
| KT Corp | KT:US | Buy | KRW13.60 | Alastair Jones | |
| LG | 32640:KS | Buy | KRW18800 | Alastair Jones | |
| Liberty Global | LBTYA:US, LBTYB:US, LBTYK:US | Buy | USD37 | James Ratzer | Model |
| LiLAC | LILA:US, LILAB:US, LILAK:US | Buy | USD17 | Soomit Datta | |
| Macquarie Telecom Group | MAQ:ASE | Neutral | AUD40 | Ian Martin | |
| Maxis | MAXIS:MK | Sell | MYR4.20 | Chris Hoare | Model |
| Megacable | MEGACPO:MM | Neutral | MXN66 | Soomit Datta | |
| Meituan Dianping | 3690:HK | Buy | HKD290 | Jin Yoon | |
| MercadoLibre | MELI US | Buy | USD1600 | Soomit Datta | |
| Millicom | TIGO:US | Neutral | USD40 | Soomit Datta | |
| Mobile TeleSystems | MBT:US | Buy | RUB10.1 | Alastair Jones | |
| MTN | MTN:SJ | Buy | ZAR8300 | Alastair Jones | |
| MultiChoice Group | MCG:SJ | Neutral | ZAR142 | Alastair Jones | |
| Naspers | NPN:ZA | Buy | ZAR4600 | Alastair Jones | |
| NetEase Inc. | NTES:US | Buy | USD100 | Jin Yoon | |
| NetLink Trust | NETLINK:SP | Neutral | SGD0.82 | Alastair Jones | |
| New Oriental | EDU:US | Buy | USD180 | Jin Yoon | |
| Nokia | NOKIA:HE | Neutral | EUR3 | Pierre Ferragu | |
| NOS | NOS:PL | Neutral | EUR5.2 | Russell Waller | |
| NTT | 9432:JP | Buy | JPY3400 | Chris Hoare | Model |
| NTT DoCoMo | 9437:JP | Buy | JPY3600 | Chris Hoare | Model |
| Nvidia | NVDA:US | Sell | USD400 | Pierre Ferragu | |
| Oi | OIBR3:BZ, OIBR4:BZ | Neutral | BRL1.6 | Soomit Datta | |
| Orange | ORA:FP | Buy | EUR15.80 | Russell Waller | |
| Orange Belgium | OBEL:BB | Neutral | EUR24 | Russell Waller | |
| OTE | HTO:GA | Buy | EUR17.9 | Russell Waller | |
| Palo Alto Networks | PANW:US | Buy | USD370 | Pierre Ferragu | |
| PCCW | 8:HK | Buy | HKD5.8 | Alastair Jones | |
| Pinduoduo | PDD:US | Buy | USD150 | Jin Yoon | |
| Proximus | PROX:BB | Neutral | EUR21 | Russell Waller | |
| PT Telekomunikasi | TLKM:IJ | Buy | IDR4500 | Chris Hoare | Model |
| Rakuten | 4755:JP | Sell | JPY780 | Chris Hoare | Model |
| Safaricom | SAFCOM:KN | Neutral | KES27.7 | Alastair Jones | |
| Sarana Menara (Protelindo) | TOWR:IJ | Buy | IDR1200 | Chris Hoare | |
| SBA Communications | SBAC:US | Buy | USD350 | Spencer Kurn | Model |
| Sina Corp | SINA:US | Neutral | USD43.3 | Jin Yoon | |
| SingTel | ST:SP, Z74 | Buy | SGD3.90 | Alastair Jones | |
| SK Telecom | 17670:KS | Buy | KRW304000 | Alastair Jones | |
| Smartone Telecommunications | 315:HK | Sell | HKD5.3 | Alastair Jones | |
| Softbank | 9984:JP | Buy | JPY7100 | Pierre Ferragu | |
| Softbank KK (Corp) | 9434:JP | Buy | JPY1975 | Chris Hoare | Model |
| Spark NZ | SPK:NZ | Neutral | NZD4 | Ian Martin | |
| SpeedCast | SDA:AU | Buy | AUD4.40 | Ian Martin | |
| Spirit Telecom | ST1:AU | Buy | AUD0.24 | Ian Martin | |
| Starhub | CC3, STH:SP | Neutral | SGD1.6 | Alastair Jones | |
| Sunrise | SRCG:SW | Neutral | CHF110 | Russell Waller | |
| Swisscom | SCMN:SW | Neutral | CHF510 | Russell Waller | |
| T-Mobile USA | TMUS:US | Buy | USD215 | Jonathan Chaplin | Model |
| Taiwan Mobile | 3045:TT | Neutral | TWD103 | Alastair Jones | |
| TAL Education | TAL:US | Buy | USD75 | Jin Yoon | |
| TalkTalk | TALK:LN | Neutral | GBP0.97 | James Ratzer | Model |
| Tele Columbus | TC1:GR | Neutral | EUR2.2 | James Ratzer | Model |
| Tele2 | TEL2A:SS, TEL2B:SS | Buy | SEK170 | Russell Waller | |
| Telecom Italia | TIT:IM | Buy | EUR0.66 | James Ratzer | Model |
| Telecom Italia Savers | TITR:IM | Buy | EUR0.66 | James Ratzer | |
| Telefonica | TEF:SM | Neutral | EUR5.2 | Soomit Datta | |
| Telefonica Brasil | VIVT3:BZ, VIVT4:BZ | Buy | BRL62 | Soomit Datta | |
| Telefonica Deutschland | O2D:GR | Sell | EUR1.9 | James Ratzer | Model |
| Telenet | TNET:BB | Neutral | EUR44 | James Ratzer | Model |
| Telenor | TEL:NO | Neutral | NOK173 | Russell Waller | |
| Telesites | SITESB1:MM | Buy | MXN18 | Soomit Datta | |
| Televisa | TV:US | Neutral | USD8.5 | Soomit Datta | |
| Telia | TELIA:SS | Neutral | SEK40.5 | Russell Waller | |
| Telkom SA | TKG:SJ | Buy | ZAR5100 | Alastair Jones | |
| Telstra | TLS:AU | Neutral | AUD3.20 | Ian Martin | |
| Tencent Holdings | 700:HK | Buy | HKD700 | Jin Yoon | |
| Tencent Music Entertainment Group | TME:US | Buy | USD18 | Jin Yoon | |
| Tesla | TSLA:US | Buy | USD578 | Pierre Ferragu | |
| TIM Participacoes | TIMP3:BZ | Buy | BRL20 | Soomit Datta | |
| Total Access Communications | DTAC:TB | Sell | THB26 | Chris Hoare | Model |
| Tower Bersama | TBIG:IJ | Buy | IDR1750 | Chris Hoare | |
| TPG Telecom | TPM:AU | Neutral | AUD7.50 | Ian Martin | |
| Trip.com | TCOM:US | Buy | USD30 | Jin Yoon | |
| True Corporation | TRUE:TB | Sell | THB1.8 | Chris Hoare | Model |
| TSMC | 2330:TPE | Buy | TWD700 | Pierre Ferragu | |
| Turk Telekom | TTKOM:TI | Buy | TRY9.10 | Alastair Jones | |
| Turkcell | TCELL:TI | Buy | TRY16.90 | Alastair Jones | |
| Uber | UBER:US | Buy | USD60 | Pierre Ferragu | |
| United Internet | UTDI:GR | Neutral | EUR30 | James Ratzer | Model |
| VEON | VEON: US | Neutral | USD2.7 | Alastair Jones | |
| Verizon Communications | VZ:US | Neutral | USD54 | Jonathan Chaplin | Model |
| Vipshop | VIPS:US | Buy | USD25 | Jin Yoon | |
| Vodacom | VOD:SJ | Neutral | ZAR11500 | Alastair Jones | |
| Vodafone | VOD:LN | Buy | GBP1.90 | James Ratzer | Model |
| Vodafone Idea | IDEA:IN | Neutral | INR8.1 | Chris Hoare | Model |
| Weibo Corp | WB:US | Buy | USD45 | Jin Yoon | |
| XL Axiata | EXCL:IJ | Buy | IDR5000 | Chris Hoare | Model |
5G
Infrastructure. Applications. Innovation. Disruption.