Been thinking about this lately. I love the earnings and divvies on telcos, but I am concerned they will borrow a ton of money for 5G that few consumers will pay extra for.
Agree with the comments here about lack of a use case.
Verizon’s “benefits of 5G” page is technobabble about IoT, “good for first responders,” which is 1% of the population, and the only real positive is 5G supposedly won’t bog down in crowded areas. I do dislike how data speed gets very slow even in a busy strip mall and in downtown SF, and is awful in airports.
But Covid undermines this single selling point. And not sure this benefit is worth even $50 a year to 90% of the population.
I’d like the stock of a telco that says “We’re going to wait and see with 5G, and we’re comfortable with the risk of losing a small number of data hog customers because of this.”
