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The 7.7% Foreign Blue Chip Trading At A Discount

The 7.7% Foreign Blue Chip Trading At A Discount

I’ve found a telecom that’s currently yielding 7.7%. It enjoys the same competitive advantages as both AT&T and Verizon, and better yet, it’s trading at a P/E ratio of less than 12, making it a much better value than AT&T or Verizon. But you’ve probably never considered this company. In fact, I doubt you’ve ever heard of it.