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Technology Stocks : Investing in Exponential Growth

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From: Paul H. Christiansen10/17/2018 8:17:43 PM
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AT&T, Verizon May Wait Years For 5G Wireless To Pay Off: Report

AT&T, Verizon Communications and other wireless firms planning 5G wireless services could wait five to 10 years for a payback on investments, cautions a credit-rating agency.

US and Sprint should focus 5G wireless services on the industrial Internet of Things. Consumers may resist higher service fees on faster 5G wireless speeds, it says.

"For U.S. telecommunications companies, we have a cautious view on 5G wireless," S&P analysts Allyn Arden and Madhav Hari said in a note to clients. "We believe that accelerated deployments could hurt balance sheets that are already stretched because of mergers and acquisitions, mature industry conditions, and competitive pressures.

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