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Technology Stocks : Global Crossing (GLBC)

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From: tech1018/23/2006 12:24:15 PM
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Deutsche Bank Initiates Telecom Coverage

Thursday August 10, 4:16 pm ET

Deutsche Bank Initiates Coverage on Telecom Service Sector

NEW YORK (AP) -- Deutsche Bank began coverage of the telecommunications service sector on Wednesday, with analyst Greg Miller forecasting improving conditions for the first time in more than 15 years.

In a note to investors, Miller said the sector's core operating trends are stabilizing, wireless segments are growing and companies are undertaking aggressive cost cutting measures to help boost profits. The current regulatory environment, he added, is the best in the past decade and a half.

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