Network Operators & Equipment Makers

Own the companies that operate communications networks and supply the routing, switching and optical equipment those networks require. Carrier subscriptions and network modernization provide demand drivers beyond the crowded AI-compute trade. With growth shares under pressure, this basket pairs recurring connectivity revenue with equipment suppliers exposed to rising data traffic, while retaining telecom capital-spending and competitive risks. Launch basket (equal weight): T, VZ, CSCO, CIEN, ANET, 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.