Source: Benzinga Feeds
For telecom companies, this year is all about 5G, the next generation of mobile broadband that promises exponentially faster upload and download speeds. Companies in this sector all want a slice of the 5G pie, making the race to 5G a competitive playing field. It’s much more than phones and internet. We’re talking major applications that could transform the future across different industries such as medicine, education, and manufacturing. Analysts and investors will be keeping an eye on earnings from the two big players in this space— AT&T (NYSE: T ) and Verizon Communications (NYSE: VZ )—to get an understanding of how 5G technology could play out in the future. T opens its books on Wednesday, January 29, ahead of the market open and VZ on Thursday, January 30, at 8:30 AM ET. What Can Investors Expect? Last year, there was a lot of momentum in 5G build-out and deployment from both T and VZ. Another area both companies expanded into was streaming services. T acquired Time Warner to own content.
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