Once upon a time, there was an industry that was flourishing, growing, and promising. It was known as Telecommunications. Like any other industry, it had pricing power, lots of competition, huge demand, and somewhat barriers to entry.
But like every perfect story has a twist, telecom also had one. Something happened in the period of 2010-2016 that the industry got destroyed; it lost its pricing power along with competition and nearly went downhill.
about 9 days ago