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Google Fiber Is no Worry for Verizon and AT&T

By Travis Hoium – May 31, 2013 at 10:30PM

The wireless business that drives Verizon and AT&T is far from being under assault from Google Fiber.

Shares of both AT&T (T -0.21%) and Verizon (VZ -0.23%) have been under pressure this week after an analyst predicted that Google (GOOGL 9.00%) Fiber would be a big competitor long term. But it may take a decade for Google to build out enough infrastructure to be a big competitor with either company, and that still doesn't make a dent in the cash-cow wireless business. Analyst Travis Hoium discusses the biggest reasons why investors shouldn't worry about Google Fiber right now in the video below.

About the Author

Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.

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Fool contributor Travis Hoium has no position in any stocks mentioned. The Motley Fool recommends Google. The Motley Fool owns shares of Google. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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