Please ensure Javascript is enabled for purposes of website accessibility

AT&T vs. Verizon: Which Wireless Carrier Ruled the Quarter?

By Chris Neiger - Jan 1, 2015 at 10:17AM

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

AT&T and Verizon are the top two carriers in the U.S., but Verizon continued to outpace its largest competitor this past quarter.

The third quarter of 2014 left AT&T (T 0.16%) and Verizon Communications (VZ 0.21%) relatively unchanged in their positions at the top of the U.S. wireless carrier space -- but that doesn't mean there wasn't a clear winner between the two. 

While AT&T boosted postpaid net additions by 785,000, Verizon pulled in a whopping 1.5 million postpaid additions in the quarter. As it stands right now, Verizon dominates with about 100 million postpaid subscribers while AT&T trails with 75 million. This comes on the heels of a RootMetrics report showing Verizon has the best performing network overall. 

If that weren't enough, Verizon delivered earnings per share of $0.89 while AT&T manged $0.58 EPS. With a stronger network, more subscribers, and a higher earnings per share, Verizon came out on top this past quarter. But AT&T's network is strong, its adding customers, and its churn rates are low -- which means Verizon can't just sit back and enjoy its No. 1 position. 

 

Chris Neiger has no position in any stocks mentioned. The Motley Fool recommends Apple and Verizon Communications,. The Motley Fool owns shares of Apple. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Invest Smarter with The Motley Fool

Join Over 1 Million Premium Members Receiving…

  • New Stock Picks Each Month
  • Detailed Analysis of Companies
  • Model Portfolios
  • Live Streaming During Market Hours
  • And Much More
Get Started Now

Stocks Mentioned

AT&T Inc. Stock Quote
AT&T Inc.
T
$18.46 (0.16%) $0.03
Verizon Communications Inc. Stock Quote
Verizon Communications Inc.
VZ
$44.28 (0.21%) $0.10
Apple Inc. Stock Quote
Apple Inc.
AAPL
$173.21 (-0.54%) $0.94

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Related Articles

Motley Fool Returns

Motley Fool Stock Advisor

Market-beating stocks from our award-winning analyst team.

Stock Advisor Returns
397%
 
S&P 500 Returns
128%

Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. Returns as of 08/19/2022.

Discounted offers are only available to new members. Stock Advisor list price is $199 per year.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.