I recently read an article talking about how AT&T and Verizon had topped U.S. companies in annual investments on equipment. This article praised these companies for their investment and the stimulus they have provided the economy. The cited report even went so far as to call them “heroes”.
Read the original article here.
As I was reading the report and article, I had a few comments that I thought I would share with you.
Reasons for Massive Investments
It is true that AT&T and Verizon have made huge investments in their Internet and wireless infrastructure over the past couple of years and will continue to do so.
There are three reasons for these massive investments: