Why Verizon and AT&T Stocks Fizzled on Friday
Concerns about a top rival's performance put big telecoms Verizon (NYSE: VZ) and AT&T (NYSE: T) in the investor doghouse on Friday. The aforementioned peer is T-Mobile US (NASDAQ: TMUS), which published its first-quarter results after market close on Thursday. In terms of operational metrics, postpaid net customer additions of 495,000 topped AT&T's latest figure and contrasted very favorably with Verizon's decline.