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Citizens Advice would like telecoms firms to extend this cap to cover countries further afield.
Like telecoms, utilities have been trading at historically high valuations.
Like telecoms regulators elsewhere they are nervous about letting the number of big mobile providers drop from four to three.
Security concerns in sectors like telecoms may be legitimate, but can also be used as a smokescreen for protectionist impulses.
The company also intends to keep its car and motorcycle tyre activities, on the grounds that these, like telecoms, are technology-intensive and can generate high returns.
Tuesday's advance was led by stocks in cyclical sectors like energy, materials and consumer discretionary, while defensive sectors like telecoms and utilities edged lower.
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Workers in field services like telecom, utilities, oil and gas typically carry these devices.
In some areas that China's going to grab, like telecom equipment, they'll push prices lower".
"We believed, at one point in time, that mobile payments would be like telecom," said Vijay Shekhar Sharma, C.E.O. of One97 Communication, which runs a mobile payment operator called Paytm.
Other utilities have been relocated, like telecom equipment, which is now in an out-of-the-way area on the fourth floor alongside existing phone and computer lines.
"In an area like telecom, you miss too much of what's going on if you just cover large-cap companies," Mr. Jacobs said.
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