Better Buy: AT&T vs. Verizon

The U.S. telecom market is saturated, given that 97% of Americans own a mobile phone. As two titans of the industry, AT&T (NYSE: T) and Verizon (NYSE: VZ) are battling for this finite pool of customers.

The customer stakes are even higher when you add T-Mobile (NASDAQ: TMUS) to the mix. T-Mobile is a formidable competitor, further strengthened after its merger with Sprint last year, and it's firing on all cylinders.

Despite the challenges, AT&T and Verizon enjoyed solid results in the first quarter of 2021. Each has taken a different approach to achieve success. Let's dig into both to assess if one is a better investment.

Source Fool.com