ATEX - J.P. Morgan reviews 2021 sets top 2022 picks in telecom cable and satellite

A look-ahead to 2022 in telecom, cable and satellite sectors also gives J.P. Morgan the chance to look back on how its key questions for 2021 played out - and to set up top picks for the new year. And for the most part, its 2021 questions still persist today. In its big Wireless/Towers questions for this year, it had asked whether service revenue growth would be able to speed up amid some stable pricing. The elevated device promotions from last year's fourth quarter persisted as the firm expected, but service-level pricing stayed rational. "Wireless subscriber growth accelerated to record levels in 2021, and we expect 2022 postpaid voice growth to decelerate meaningfully," it says, adding that its 2022 estimate of 8 million postpaid net adds could be high. As for whether cable and Dish Network (NASDAQ:DISH) could take more share of wireless growth, it notes MNO growth was much

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J.P. Morgan reviews 2021, sets top 2022 picks in telecom, cable and satellite