incumbent

The implication is that, as with tech waves past, startups full of keen young people have an opportunity to disrupt incumbents who may be slower to change.

Brown, a former UK prime minister, said: "It's also incumbent on us to ensure that Nigerian schools are safe spaces for learning, not spaces where children can be plucked from their classroom for criminal profit."

“And Oracle has been impressively executing to plan and making tremendous gains against these incumbents.”

Although she had reportedly expressed interest in the state's governor race next year, she recently said she would not seek that office – or seek to unseat incumbent Democratic Senator Jon Ossoff.

But the Citi team sees only mild competitive risk — and more likely the chance that satellite-internet advancements prove a “win-win” for incumbent players like AT&T Inc.