Which Companies Benefit from Nationwide High-Speed Internet? | PowerOptions Web Log
The Federal Communications Commission, with the support of the Obama administration, has made a commitment to make high-speed, broadband Internet affordable and available to everyone. This initiative is part of the Obama administrations’ plan to help spur economic growth by creating jobs and encouraging innovation. The companies who are most likely to benefit from the implementation of this plan are AT&T Inc. (T), Verizon Communications (VZ), Windstream Corp. (WIN), and General Cable Corp. (BGC). AT&T Inc. (T) is one of the leading providers of telecommunications services in the United States and internationally. The company’s wire line segment offers high speed Internet connection through their DSL/broadband network, as well as dialup Internet access and Wi-Fi products. In addition to having this catalyst in place to help propel the stock, AT&T is currently offering its shareholders a 6.3% dividend yield while they wait for this plan to come to fruition. Sign up...
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