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The Zacks Communication – Infrastructure industry is facing challenges due to inventory levels, market volatility, and inflationary pressure. However, companies like Anterix Inc., Bandwidth Inc., and DZS Inc. are expected to thrive in this environment due to the increasing demand for scalable infrastructure.

These companies provide various solutions for communication networks, including high-speed network access, optical fiber, wireless antenna systems, and more. They are investing in LTE, broadband, and fiber to meet the growing demand for data, video, voice, and IP solutions.

Despite supply chain issues and inflated equipment prices, these companies are adapting to meet the needs of converged networks and wireline and wireless network convergence. They have also developed software application programming interfaces to support various applications and devices.

The Zacks Communication – Infrastructure industry currently holds a Zacks Industry Rank of #219, placing it in the bottom 13% of Zacks industries. However, there are communication infrastructure stocks that have the potential to outperform the market based on strong earnings outlook.

Anterix, headquartered in Woodland Park, NJ, is a wireless communications company that holds the largest licensed spectrum in the 900 MHz band. They expect to monetize their spectrum assets to generate long-term value.

Bandwidth, founded in 2000 and headquartered in Raleigh, NC, operates a software platform that enables businesses to integrate voice and messaging into their applications.

DZS Inc. provides network access solutions and fiber optic connectivity to various industries including telecommunications, cable, and broadband.

The Zacks Communication – Infrastructure industry has lagged behind the broader Zacks Computer and Technology sector and the S&P 500 over the past year. However, based on the trailing 12-month EV/EBITDA multiple, the industry is currently undervalued compared to the S&P 500 and the sector.

In conclusion, despite the challenges faced by the communication infrastructure industry, companies like Anterix, Bandwidth, and DZS Inc. are well-positioned to benefit from the increasing demand for scalable infrastructure and evolving communication technologies.

The post 3 Communication Stocks Likely to Benefit from Growing Demand for Infrastructure appeared first on ISP Today.