AT&T and Verizon Wireless probably have the best shot at growing revenues. Other telcos without mobile capabilities might be unable to grow revenues, top line.
That doesn't mean firms cannot grow. They can, and by acquiring other assets. For AT&T and Verizon Wireless, that almost has to come from offshore acquisitions. Not only will U.S. regulators not likely allow either firm to get much bigger, the telcos seem to be losing the battle with cable operators for high-speed access accounts which are the foundation for tomorrow's business.
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