How the Death of Big Telecom Will Reignite the Tech Boom
Contrarian Profits (September 23rd, 2009) Writes:
Comcast (NASDAQ:CMCSA) and Verizon (NYSE:VZ) are dying a slow death…
Investors who realize this fact early could cash in on a brand new tech boom that could produce a new generation of high-tech millionaires not seen since the 1990s.
Comcast, Verizon and other government-protected duopolies won’t be around for your grandchildren to enjoy — at least not in their current forms. You see, companies like these are selling outdated services. And they’re more than reluctant to change their business models.
First, consider the home telephone. This beast is becoming scarcer by the day. In fact, mobile phone-only households are becoming the norm. Yet despite huge increases in wireless sales by traditional telecoms, it’s the wireline segment that keeps these blue chips in the black. More than half of Verizon and (NYSE:T) AT&T’s revenue comes directly from wireline sales.
For the old-school telecom giants, it’s all about infrastructure. They want to milk
...AT&T, broadband, broadband access;, cellular telephone, Comcast, Content Delivery Network, contrarian profits, Digital Tv, Federal Communication Commission, Greg Guenthner, high-tech millionaires, home telephone, Internet service, Investing Lessons, Limelight Networks Inc., live Internet, Market Commentary, media convergence, National Association of Broadcasters;, president, telephone service, the Beijing Olympics, U.S. open, Verizon, white space devices, Wireless Connections, wireless sales


![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_2.gif)


