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An expensive bet on TV service continues to generate static for the big telcos.
Investors in AT&T (T Quote) and Verizon (VZ Quote) are hoping the companies' costly TV service rollouts will put a serious dent in cable's golden video franchise. Cable stocks like Time Warner (TWX Quote), Comcast (CMCSA Quote) and Cablevision (CVC Quote) have been hit hard by the prospect of increased competition.
But some skeptics say the telco TV threat is years off, due in no small part to technical hiccups. ...
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