

The FOCUS Telecom Business Services Index (TBSI) returned to the red in our fall reporting period, dropping 2.6% in the past three months. Even so, the TBSI still outperformed the broader indices as the S&P 500 fell 3.7% and the NASDAQ dropped 4.1% over the same time frame. For the full year, the …
Public Markets
After suffering a decline in our winter report, the FOCUS Enterprise-Focused Telecom Technology Index (EFTTI) bounced back this period to deliver a solid three-month gain of 1.5%. This was essentially in-line with the 2.3% gain in the S&P 500, but underperformed the 5.5% gain in the NASDAQ. The EFTTI still remains steeply down …