Better Buy: AT&T vs. Verizon
The rivalry between AT&T (NYSE: T) and Verizon Communications (NYSE: VZ) has raged for decades. Though they started as Baby Bells in separate regions following the breakup of the original AT&T (the current AT&T was Southwestern Bell and later became SBC Communications and the current Verizon was Bell Atlantic), the advent of wireless and broadband has turned them into archrivals.
Now that AT&T has divested its media assets, both companies focus primarily on developing 5G broadband. They also pay generous dividends to their shareholders, differentiating them from the more growth-oriented T-Mobile, which does not offer a payout.
This leaves income investors in the telco industry with a choice. Consequently, they should look more closely at the two companies to see which would serve them better.
Source Fool.com
