Shares of both AT&T (T 1.02%) and Verizon (VZ 1.17%) have been under pressure this week after an analyst predicted that Google (GOOGL 10.22%) 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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The wireless business that drives Verizon and AT&T is far from being under assault from Google Fiber.
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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