A Tough Quarter for This Wireless Giant
The following video is part of our "Motley Fool Conversations" series, in which industrials editor/analyst Brendan Byrnes and technology editor/analyst Andrew Tonner discuss topics across the investing world.
Going into earnings season, investors understandably viewed the major telecom players with some slight skepticism. Although fully entrenched in the mobile revolution, the big players have different economics than the hardware and software providers that capture so much of the limelight. Adding to investor worries, some telecom players also mentioned that pricing competition could adversely impact their quarters as well. With the first of the big-name telecom, Verizon Communications, recently announcing its quarterly results, Andrew weighs in Verizon's quarter and the prospects of the wider industry.
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At the time this article was published Andrew Tonner has no positions in the stocks mentioned above. Brendan Byrnes owns shares of Apple. The Motley Fool owns shares of Apple and Google.Motley Fool newsletter services recommendApple and Google. Try any of our Foolish newsletter servicesfree for 30 days. We Fools may not all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.
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