"Verizon Communications Inc. is engaged in the provision of communications services. Verizon companies are providers of wireline and wireless communications in the United States, with 135.8 million access line equivalents and 32.5 million wireless customers.
The Company is also a directory publisher.
Its global presence extends to 32 countries in the Americas, Europe, Asia and the Pacific through four segments: domestic telecom, which serves a territory consisting of 135.8 million access line equivalents in 29 states and the District of Columbia; domestic wireless, which provides wireless voice and data services, paging services and equipment sales in the United States; international, which includes international wireline and wireless communications operations and investments in the Americas, Europe, Asia and the Pacific, and information services, which is engaged in print and online directory publishing and is a content provider for electronic communications products and services."
AT&T Corp. is engaged in providing voice and data communications services to large and small businesses, consumers and government entities. AT&T and its subsidiaries furnish domestic and international long distance, regional, local and Internet communications services.
The Company's primary lines of business are AT&T Business Services and AT&T Consumer Services. AT&T Business Services offers a variety of global communications services to over four million customers, including large domestic and multinational businesses, small and medium-sized businesses and government agencies.
AT&T Consumer Services is a provider of domestic and international long distance and transaction-based communications services to residential consumers in the United States."
But I think a closer look might reveal something fundamentally different in each company's business 'paradigm'.
SOURCE: Yahoo Finance
One makes money; the other doesn't? ;^)