These brokerage firms remain bullish on the Company’s solid dividend yield, improving growth prospects, and stabilizing industry pricing. They believe, going forward, the Company’s fourth generation (4G) services and the cloud computing business are expected to generate strong earnings and wireless revenue will likely continue to grow. The firms believe smartphone and other wireless device sales are accelerating and the Long Term Evolution (LTE) rollout will provide the Company with a significant competitive advantage over its peers. On the Wireline front, based on continued strong FiOS (fiber-to-the-premises technology) services and strategic services, the firms expect revenue to continue to grow.
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