Two out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 49 points (0.3%) at 16,534 as of Thursday, Feb. 25, 2016, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,585 issues advancing vs. 1,317 declining with 152 unchanged.

The Telecommunications industry currently sits up 0.2% versus the S&P 500, which is up 0.1%. Top gainers within the industry include Telecom Italia SpA ( TI), up 3.3%, BT Group ( BT), up 3.0%, Equinix ( EQIX), up 3.0%, PT Telekomunikasi Indonesia (Persero) Tbk ( TLK), up 2.7% and America Movil SAB de CV ( AMOV), up 1.8%.

TheStreet would like to highlight 3 stocks pushing the industry lower today:

3. China Unicom (Hong Kong ( CHU) is one of the companies pushing the Telecommunications industry lower today. As of noon trading, China Unicom (Hong Kong is down $0.11 (-1.0%) to $11.35 on light volume. Thus far, 65,920 shares of China Unicom (Hong Kong exchanged hands as compared to its average daily volume of 501,300 shares. The stock has ranged in price between $11.28-$11.37 after having opened the day at $11.32 as compared to the previous trading day's close of $11.46.

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China Unicom (Hong Kong) Limited, an investment holding company, provides telecommunications services in the People's Republic of China. China Unicom (Hong Kong has a market cap of $27.6 billion and is part of the technology sector. Shares are down 5.0% year-to-date as of the close of trading on Wednesday. Currently there are 2 analysts that rate China Unicom (Hong Kong a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates China Unicom (Hong Kong as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity. Get the full China Unicom (Hong Kong Ratings Report now.

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2. As of noon trading, Level 3 Communications ( LVLT) is down $0.87 (-1.8%) to $47.79 on light volume. Thus far, 674,023 shares of Level 3 Communications exchanged hands as compared to its average daily volume of 2.6 million shares. The stock has ranged in price between $47.40-$49.50 after having opened the day at $48.99 as compared to the previous trading day's close of $48.66.

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Level 3 Communications, Inc., together with its subsidiaries, operates as a facilities-based provider of a range of integrated communications services primarily in North America, Latin America, Europe, the Middle East, and Africa. Level 3 Communications has a market cap of $17.1 billion and is part of the technology sector. Shares are down 10.5% year-to-date as of the close of trading on Wednesday. Currently there are 11 analysts that rate Level 3 Communications a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Level 3 Communications as a hold. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth and expanding profit margins. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. Get the full Level 3 Communications Ratings Report now.

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1. As of noon trading, Qualcomm ( QCOM) is down $0.33 (-0.6%) to $51.19 on light volume. Thus far, 2.9 million shares of Qualcomm exchanged hands as compared to its average daily volume of 15.0 million shares. The stock has ranged in price between $50.90-$51.79 after having opened the day at $51.50 as compared to the previous trading day's close of $51.52.

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QUALCOMM Incorporated develops, designs, manufactures, and markets digital communications products and services in China, South Korea, Taiwan, the United States, and internationally. Qualcomm has a market cap of $75.4 billion and is part of the technology sector. Shares are up 3.1% year-to-date as of the close of trading on Wednesday. Currently there are 15 analysts that rate Qualcomm a buy, 1 analyst rates it a sell, and 8 rate it a hold.

TheStreet Ratings rates Qualcomm as a hold. The company's strengths can be seen in multiple areas, such as its expanding profit margins, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, a generally disappointing performance in the stock itself and feeble growth in the company's earnings per share. Get the full Qualcomm Ratings Report now.

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If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the telecommunications industry could consider iShares Dow Jones US Telecom ( IYZ) while those bearish on the telecommunications industry could consider ProShares Ult Sht Telecommunication ( TLL).