Wednesday’s ETF To Watch: U.S. Telecommunications Index Fund (IYZ)

Thanks to the loss of AT&T’s exclusive hold over the iPhone in the U.S. the country’s telecom market appears to be shaken up at least in the near term. While many are still debating the merits of Verizon’s deal with Apple to carry the phone the impact of the news on AT&T certaintly looks to be profound especially if more customers jump its network for Verizon or even Sprint. Thanks to this issue, AT&T has made a play for T-Mobile a firm that could help improve AT&T’s network and increase its ability to maintain solid growth levels. However, many are opposed to the deal and it still remains up in the air whether the transaction can pass through the regulatory hurdles. While both of these issues remain clouded, investors should obtain some information regarding both of them later today when AT&T releases its quarterly earnings report. AT&T is the country’s largest [...] Click here to read the original article on ETFdb.com. Related Posts: Will Tax Hikes Slam Telecom ETFs? “Net Neutrality” Court Ruling Puts Telecom ETFs In Focus ETF Dividend Ideas For 2011 Apple & Verizon Team Up On iPhone: How Will ETFs Respond? Daily ETF Roundup: UNG Surges On Weather, IYZ Tumbles On Increased Competition