NEW YORK ( TheStreet) -- We have identified the top five telecom stocks that investors should consider adding to their portfolios. These frontier market stocks have market caps of at least $1 billion and offer returns ranging from 12% to 57%. In the frontier markets arena, you'll find stocks like Vodafone Qatar (VFQS), with its 16% upside, and more.Many of the stocks identified below are from the Middle East. Overall, Middle East companies have larger operations and are trading relatively cheap, compared to other geographies. In fact, we had to exclude prominent companies like Hrvatski Telekom and Jordan Telecom with market caps of $4 billion and $2 billion, respectively, from the list as valuations were not in favor.
5 Telecom Stocks With Double-Digit Upside: Frontier Markets
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