Wireless and mobile communications have been a growth story for about 30 years now, and the tailwinds just keep blowing.

Investors who want some of that wind in their sails can take different tacks, buying telecom stocks ranging from developers of speculative new technologies to the industry's biggest names, including reliable providers of dividend income characteristic of the most disciplined, established corporations.

Two of the latter are Verizon Wireless (NYSE: VZ) and American Tower (NYSE: AMT). These companies share a symbiotic relationship in the telecommunications industry, with Verizon relying on American Tower's infrastructure for its wireless network expansion, while American Tower benefits from Verizon's continued growth and demand for tower and antenna space. They also pay reliable dividends.

Continue reading

Source Fool.com