This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

5 Telecom Stocks With Double-Digit Upside: Frontier Markets

Stocks in this article: CHL CHU TCL T VZ S

Oman Telecommunications Company (OTEL), or Omantel, is the largest telecom service provider in Oman, covering over 90% of the populated areas and serving more than 2.3 million subscribers. The stock trades on the Muscat Security Market.

Despite strong competition in the Omani telecom market, analysts are optimistic about Omantel as the demand for value-added services will drive growth. Further, broadband and related services are likely to witness strong growth. To capture a market share in this segment, the company is offering a suite of products and services targeting both retail and corporate consumers. Omantel has pioneered the launch of innovative services such as mobile TV and multi-player mobile gaming, in the domestic market.

Notwithstanding its recent entry in the 3.5G space, the company is targeting to install around 900 base stations by the end of this year. Furthermore, the company has demonstrated its 4G network, supported by Long Term Evolution technology. Omantel is among the first few telecoms in the world to introduce this network. Analysts foresee the company experiencing strong growth in subscriber base as well as average revenue per user in the VAS segment, supported by its aggressive expansion plans, relatively low broadband penetration and the projected uptake of VAS. The company's stock is trading at a price-to-earnings multiple of 7.1 to 7.2 times on estimated 2011 earnings.

5 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,636.84 -35.76 -0.20%
S&P 500 2,051.10 -0.72 -0.04%
NASDAQ 4,757.9760 +0.0970 0.00%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs