Verizon will butt heads with Google, Facebook: Pro Mariann Montagne, Gradient Investments, explains why her firm likes Verizon. Kevin Smithen, Macquarie Securities, explains what Verizon's plans with AOL are, and potential mobile ad competition with the already established players.
UPDATE 3-AT&T profit beats Street estimates, fewer subscribers defect April 22- AT&T Inc on Wednesday reported better-than expected earnings and said fewer wireless customers switched to other networks at a rate not seen in any first quarter. The company, awaiting regulatory approval for its $48.5 billion proposal to buy DirecTV, sees additional cost savings of more than double than it previously forecast from the deal.
| By: Malathi Nayak