Telecom: Firms Strive to Be More Than 'Dumb Pipes'
U.S. telecoms are working to diversify away from being pure wireless network providers.
U.S. Telecom Continues to Combat the Fear of Being a 'Dumb Pipe'
Perhaps the most important trend we're seeing in U.S. telecom is the ongoing shift in strategy to diversify away from being a pure wireless network provider. AT&T (T), in particular, continues to move away from wireless and into satellite television and over-the-top, or OTT, TV via its acquisition of DirecTV and, more recently, the firm's pending entry into the media content space via its acquisition of Time Warner (TWX).
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