TMT: The Age of Convergence

Summary

US TMT is entering 2023 with no shortage of uncertainties, recession and inflation notwithstanding. Once neatly-separated silos like cable, wireless, media and technology are now on a collision course as the way consumers and enterprises consume and process data is changing at a breakneck pace. Our analysts focus on a number of these “convergence” ideas, including both media and tech companies competing for the consumer entertainment dollar, wireless and wireline both after the lucrative home broadband marketplace and enterprises moving away from traditional telecom to next-generation cloud services.