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The Top Under-the-Radar 5G Stock to Buy Now

·3-min read
The Top Under-the-Radar 5G Stock to Buy Now
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Mobile TeleSystems (NYSE: MBT) is the biggest telecommunications provider in Russia, with more than 78.9 million users at the end of the second quarter of 2021. The company (known in its home market as Mobil'nye Telesistemy) has experienced phenomenal growth over the past year, with revenue up 10.7% year over year in Q2 to 128.6 billion rubles, and net income coming in hot with a growth rate of 53.6% to 17.1 billion rubles. What's more, the company is deploying a 5G network across Russia.

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