Better Buy: Verizon Communications vs. AT&T
Verizon (NYSE: VZ) and AT&T (NYSE: T) are old companies seeking new connections with investors through 5G technology. Time will tell whether massive investments in this technology breathe new life into these telecom stocks. However, while choosing between these stocks may come down to investment goals, one of these giants seems to stand out as a more suitable choice for investors.
5G is the next generation of wireless technology. It will deliver speeds up to 100 times faster than the previous generation, 4G. Experts expect that applications ranging from self-driving cars to remote monitoring sites will depend on 5G technology.
To this end, Verizon, AT&T, and their peer T-Mobile are the only three companies that are building 5G networks across the U.S. Each has invested tens of billions to make this a reality.
Source Fool.com
