U.K. Regulator Reduces Narrowband Telecom Regulation
UPDATE: OPEC concerns drag FTSE 100 lower for second day
BT Fails to Address Competition Concerns, Says Regulator
OPEC concerns, BT shares drag FTSE 100 lower for second day
LONDON MARKETS: OPEC Concerns, BT Shares Drag FTSE 100 Lower For Second Day
BT Fails to Address Competition Concerns, Says Regulator -- Update
Mergers and acquisitions are ramping up (as are rumors), but with the sector slightly overvalued, we stick to fundamentals and seek firms with established economic moats.
Given the tech sector's higher recent volatility and overvaluation, we're seeking wider margins of safety and established economic moats.
We think the market is overly concerned about the competition.
With the tech and telecom sectors becoming more fully valued, it's time for investors to be selective.