Since it currently trades at around 11 times earnings, Verizon (NYSE: VZ) stands out as the type of value stock that appeals to the famously value-oriented Warren Buffett. As many know, Verizon, AT&T (NYSE: T), and T-Mobile (NASDAQ: TMUS) now operate as a 5G oligopoly in the U.S. Given the tens of billions of dollars these companies invest every year in capital expenditures to support their positions in the telecom market, additional competitors are not likely to emerge.
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