The following video is part of our "Motley Fool Conversations" series, in which consumer-goods editor/analyst Austin Smith and financial and economics sector head Ilan Moscovitz discuss topics around the investing world.

In today's edition, Ilan and Austin discuss the surprising new kings of telecom. While they're certainly names you will recognize, they might not be the companies you'd guess. There is a monumental power shift going on in the telecom space, and these companies are quickly becoming the industry shot-callers.

Austin Smith and Ilan Moscovitz have no positions in the stocks mentioned above. The Motley Fool owns shares of Apple and Google. Motley Fool newsletter services recommend Apple and Google. Try any of our Foolish newsletter services free for 30 days. We Fools don't 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.