Wal-Mart on track to sell Verizon DSL internet service

With Wal-Mart recently getting onboard with Verizon Wireless to sell contract (postpaid) wireless plans and service inside its stores -- along with Verizon competitor Cingular Wireless -- it's now going to sell you DSL service too. Customers in more than 500 stores across 24 states will be able to see if DSL connectivity is available in their area and even place an order for service directly inside Wal-Mart.

Hmm, this is smelling more and more like a recent post I had questioning if Wal-Mart is just becoming a reseller of products and services without adding much to the value chain. Not that this is a bad thing -- because Wal-Mart takes a cut of all this in the end. If that helps fuel growth and keep shoppers in stores for more purchases, WMT investors should be pleased.

Verizon appears to be directly attacking cable companies while extolling the usually-cheaper DSL broadband internet service virtues to all Wal-Mart customers who will listen. Verizon 1, Comcast 0. For now, that is.


Source: http://www.bloggingstocks.com