Communications Carriers & Network Equipment

Own the carriers that sell connectivity and the equipment suppliers that build communications networks, rather than another basket of AI compute vendors. Broadband demand, mobile traffic and network modernization support recurring service revenue and infrastructure replacement spending. The basket combines subscription-funded operators with networking suppliers, while retaining exposure to equipment spending cycles and carrier competition. Launch basket (equal weight): T, VZ, CSCO, CIEN, GLW, TMUS, NOK Rules: 1. No inverse, leveraged or volatility ETFs. 2. Only names tradable at the enrolled brokers (Moomoo): no OTC listings, no dead tickers, nothing on the refused list.