I don't know why they are going up but it appears to be something to do with high dividend yields and the possibility of charging for internet usage.
Look at:
Verizon and ATT in the US.
NTT in Japan and is expanding. Though most feel a strong Yen will hurt this company, I argue that they will be able to buyout competitors at a good price.
TCL in India was up when the market tanked on Wednesday.
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