Shares of both AT&T (T 1.92%) and Verizon (VZ 1.24%) have been under pressure this week after an analyst predicted that Google (GOOG +0.49%) 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.
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. 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.