Verizon and AT&T Send a Wake-Up Call By Jim Cramer About this article: The comeback of Verizon and AT&T should be a wake-up call to what is happening in that industry. The current spend of their competitors most likely cannot be maintained, and without spend and with the end of the churn and price drive-down that hurts them so much, you will see a slap-happy oligopoly the likes of which no industry has. It is time to realize that these two companies have much better franchises and potentially much higher growth rates than they did before. Unlike, say, the newspapers or the television and radio plays where digital is deadly, these companies thrive on digital. Unlike traditional media, where the margins of digital publications are disastrous, the digital margins on cell-phone offshoots are extraordinary -- texting, handheld internet, music downloads. These companies may still, after rocketing prices, be great buys with their yields and their dividends that can actually go... Or, call us at 1-866-321-TSCM (8726) Monday-Friday, 8 a.m.-6 p.m. ET. Outside the U.S. and in Canada, call 1-212-321-5200.

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