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ESP – S&P Global Announces Modifications to Telecommunications Sector
– S&P Global has decided to make the telecom sector more representative of the communications world and include companies that are predominately communications oriented. As more and more companies have become involved in communications the sector designation, telecommunications services, has been uncomfortable. Several communications companies have been “force fit” into other areas that make an investor question the assignment. The change will take place next year in September. There is a very good description of the change proposed in the following write-up from Jodie Gunzburg at S&P Global.