Business
Here’s the 5 best performing ASX telecom shares in 2020
Telecom companies provide the technology that ties together our increasingly connected world. Companies in this sector provide phone, internet, and television services and the infrastructure to support them.
The sector is often attractive to more conservative investors looking for dividend-yielding shares, but it’s also full of companies with good potential for capital appreciation.
Here’s the top 5 ASX telecom shares that have performed particularly well in 2020.
Company |
1-year share price performance |
Current share price |
Market cap |
| 1. Macquarie Telecom Group Ltd (ASX: MAQ) | 123% | $52.29 | $1.13 billion |
| 2. Vocus Group Ltd (ASX: VOC) | 40% | $4.14 | $2.5 billion |
| 3. Chorus Ltd (ASX: CNU) | 22% | $7.35 | $3.27 billion |
| 4…. |
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