Verizon's $3.1 Billion Straight Path Deal Highlights 5G's Disruptive Broadband Potential

It's not much fun being Verizon (VZ)  or AT&T (T) right now. The list of competitive threats faced by existing multi-billion dollar revenue streams has become quite lengthy, and new additions seem to arrive every each year. Already, there's cord-cutting, wireline phone disconnections, fierce mobile price competition from T-Mobile (TMUS)  and Sprint (S) , the evaporation of long-distance voice revenue, competition from business Ethernet service providers, the growing willingness of low-income consumers to rely solely on mobile data for their Internet needs and the launch of mobile services from cable providers that partly rely on Wi-Fi networks.

In a couple of years, one can probably add the launch of 5G fixed-broadband services to the list of serious competitive threats. Telcos and cable giants are far from blind to it, however, as Verizon and AT&T's bidding war to buy spectrum owner Straight Path Communications (STRP)  demonstrates....839 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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