Shares of both AT&T (T -9.81%) and Verizon (VZ -8.75%) have been under pressure this week after an analyst predicted that Google (GOOG +0.97%) 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.
Stocks Mentioned
Verizon Communications
NYSE: VZ
$41.65
(-8.75%)-$3.99
AT&T
NYSE: T
$22.18
(-9.81%)-$2.41
Alphabet
NASDAQ: GOOGL
$351.66
(+0.97%)+$3.37
Comcast
NASDAQ: CMCSA
$20.66
(-2.59%)-$0.55
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.




