Shares of both AT&T (T 0.02%) and Verizon (VZ 0.40%) have been under pressure this week after an analyst predicted that Google (GOOGL 2.48%) 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.
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Google Fiber Is no Worry for Verizon and AT&T
The wireless business that drives Verizon and AT&T is far from being under assault from Google Fiber.
About the Author
Travis Hoium is a contributing Motley Fool Stock Market Analyst covering solar energy, technology, and growth stocks. Prior to The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a B.S. in Mechanical Engineering from The University of Minnesota and a M.B.A. from The Carlson School of Management at the University of Minnesota. When he’s not thinking about stocks, he spends time with his wife and three kids, and periodically competes in half-Ironman races.
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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