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I know its a rhetorical question but I very much prefer having shares of CMCSA/VZ/T over the alternatives.

I've always viewed Google, Facebook, Twitter, et. al. as very "soft" companies in terms of their competitive advantage. AT&T literally owns parts of the electromagnetic spectrum for their exclusive use. This is a completely different dimension of advantage.



The market disagrees with you. Any one of the GAFAMs is worth more than all the ISPs in the US put together. And that's with those ISPs largely being conglomerates that own other businesses outside of being an ISP.




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