Less competition in telecom. There are only 4 major players: AT&T, Verizon, Sprint and T-Mobile. Sprint and T-Mobile are having hard time to survive though. Others are local and are too small. AT&T and Verizon pay VERY GOOD dividend. Of course, their union is pretty strong but they won't go out of business till the end of the world, I think, hehe
I have some $$ invested in T. Price declined 2% YTD but I got about 4% dividend, not too bad. I'm planning to invest some in VZ. Any thoughts?