If, indeed, we live in a global village, then the reason is due to the extraordinary growth of the worldwide telecommunications industry. Once restricted to only the wealthiest nations, telecom is now available everywhere. Here we present several opportunities for investing in telecom service providers outside the U.S. through ADRs. The Telecommunications Industry Association (TIA) estimates that wireless subscriptions will increase from 1.4 billion subscribers to 5.5 billion subscribers over the next four years. They see surging demand driving growth in Latin America and the Asia/Pacific regions. TIA calls the Middle East/Africa...
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