The Rivalry between AT&T and Verizon in US telecom Industry:

AT&T Inc is a holding company that was incorporated on 5^th October 1983. The company has, since then, been providing the telecommunications services to customers in United States as well as many other countries. These services primarily include the local exchange services, wireless communications, long-distance services, video services, data/broadband and Internet services, and the telecommunications equipment. The three segments in which the company is currently operating in are wire line, wireless, and other. The widespread business of the company has also let the officials of the company enjoy larger amounts of profits. The wireless segment of the company is the subsidiary that is names as AT&T Mobility LLC, and this company is operating as the primary wireless service provider for both the business as well as consumer customers. There have been more than 107 million subscribers for the wireless services. When it comes to the wire-line services, the company is providing the wholesale as well as retail communication services to both domestic as well as international clients. The wire line services of the company are actually divided into three categories based on the different products, i.e. voice, data, and other.

In order to enhance the local Networks over the three year period AT&T invested around $850 million in the wired and wireless networks  that will drive a wide range of upgrades that will enhance the speed, coverage, reliability and the performance of business and residents customers. The usage of mobile devices which includes tablets, smartphones and several interconnected devices are increasing with the passage of time that lead to a growth in the data consumption. Around 61% of US postpaid subscribers are the owners of smartphones and it is expected by the device makers that this number will continue to rise with the passage of time.

Verizon Wireless is the most popular mobile network provider in the United States. As a matter of fact, it is also the largest company of its kind with a massive Verizon stock price. As of now, the company serves 119.4 million people. Actually, Verizon Wireless is not a stand-alone company, but Cellco Partnership subsidizes it. Founded in April 4, 2000, Verizon Wireless quickly captured the heart of the masses and steady climb to the top of the market. It is headquartered in Basking Ridge, New Jersey and has 2,330 locations across the country. Verizon FIOS provides TV services and broadband internet to the end users. Despite of the decrease in voice revenue for the company, these services recorded growth in subscriptions. Through the five year period that is ending on 2012 the user base of FiOS has increased at a CAGR of 19.8%.

The partnership of Verizon with the major companies like Comcast Corporation is one of the main reasons of Verizon outperforming its closest competitors AT&T. Both companies benefited with the merger as there is an increased customer base. In 2012 Verizon offer its services in more than 400 markets related to 4G LTE services whereas AT&T offering services in less than 40 markets in the same year that is 2012.