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Communication Services: AT&T and Verizon--A Duopoly No More

AT&T and Verizon still own industry economics, but T-Mobile is now dictating the rules.

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  • Overall, we view the communications services sector as fairly valued at a market-cap-weighted price/fair value of 1.01.
  •  AT&T (T) and  Verizon (VZ) still own industry economics, but  T-Mobile (TMUS) is now dictating the rules.
  • Fixed-line telecom convergence continues to increase in Europe.

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Brian Colello, CPA does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.