Smartphones - LMLP. Could someone connect the dots for me?
I keep seeing posts about the purchase power of cell phones, VISA, smartphones, etc. Does LMLP have a monopoly on the phone payment process or are there competitors? Same thing with the banks...does their patents give them a monopoly on bank transactions or can all the companies they sued drop them for competitors?
Please help me as a possible long investor. I'm trying to gauge how signifigant the cell phone revenue and post-lawsuit bank revenue will be. Thanks!