Sector report: Fancy a slice of the T&T cake?

Technology and telecoms stocks make the news every day, not least for their price performance. Among the five largest companies in the world by market capitalisation, three are tech stocks: Apple, Microsoft and Google (as at December 2013). In the telecoms sector, the excitement comes, instead, from the income side. During the past five years, approximately half the MSCI World Telecommunication Services index’s total return has come from dividends. So, who wants a piece of the T&T cake? Pretty much everyone, apparently. IPOs for tech companies continue to raise billions of dollars, de...