The following video is part of this week's MarketFoolery podcast, in which host Chris Hill, along with Charly Travers, Jim Mueller, and Joe Magyer, discuss the latest business news. AT&T and Verizon both delivered strong earnings results today, and shares of both rose on the news. In this segment the guys analyze what sets these two companies apart from the rest in the telecom space and how the ripple effect of Apple's iPhone continues to pay dividends for both.

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