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General

Telecom more resistant than ever to recession, recovery depends on governments

Wednesday 6 May 2020 | 13:31 CET | Author: Corina Schultz, Tim Poulus | Market Commentary
With several companies already reporting Q1 results, we are starting to get a better idea of the impact the coronavirus crisis is having on the TMT sector. Many companies have withdrawn or skipped an outlook for the year, citing uncertainty about the economic climate. The impact of the unavoidable economic recession following the restrictions on activity is indeed difficult to predict. We look here at some of the issues at stake and give a cautious prognosis that the recovery may be smoother than after the credit crisis in 2007-2011.

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Categories: General
Companies: Netflix
Countries: World
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