Google Fiber Is no Worry for Verizon and AT&T

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

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

Shares of both AT&T (T +1.15%) and Verizon (VZ +1.67%) have been under pressure this week after an analyst predicted that Google (GOOG 1.03%) 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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