FOCUS U.S. Communication Service Provider QuarterlyThe Communications Service Provider Index (CSPI) dipped into the red for our spring reporting period with a three-month loss of 1.0%. This significantly trailed the 5.5% gain in the S&P 500 and the 9.8% gain in the NASDAQ over the corresponding time period. This period’s underperformance also moves the CSPI behind the broader indices for the full year period.

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