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AT&T Isn't Worried About Competition From Cable Companies


One of the significant changes within the wireless industry over the past few years has been the push by cable companies like and Charter to offer inexpensive wireless services to their customers. On the surface, this appears to be a major risk to telecom giants like AT (NYSE: T).

Comcast's Xfinity Mobile offers a $15 per month plan that comes with 1 GB of data, as well as a $30 per month unlimited plan. Charter's Spectrum Mobile offers similar options, as well as a bundle that includes internet service and one free unlimited wireless line.

It makes sense for cable companies to hook customers on as many services as possible. People don't switch home internet plans very often or switch wireless service providers very often. Get a customer using both, and that customer will likely stick around.

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Source Fool.com

Comcast Corp. Stock

€36.57
3.700%
Comcast Corp. dominated the market today, gaining €1.31 (3.700%).
With 19 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
With a target price of 45 € there is a positive potential of 23.05% for Comcast Corp. compared to the current price of 36.57 €.
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