Tuesday, March 02, 2010

More on Verizon and ATT

A follow-up on $VZ and $T prospects going forward. Here is an article that looks at the technological differences between Verizon and ATT.

With Verizon years ahead of everyone else with its expensive fiber optic network and the Apple iPhone eventually headed that way, AT&T could start looking a little pale by comparison.

And already the worries have started. AT&T shares were downgraded to neutral Tuesday by HSBC analyst Richard Dineen who sees a limited upside ahead for Ma Bell.
"There's really no single crushing development," says Dineen of his downgrade, who likes Verizon's position in the two-player Big Phone race. But the looming prospect of a Verizon iPhone weighs heavily on AT&T.

Link


As I mentioned the other day in the Black Box entry on $VZ, the stock doe look interesting down here.

(Disclosure: no positions in either stock as I type).

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