AT&T (NYSE: T) and Sprint (NYSE: S) are the second and fourth largest wireless carriers in the United States. While Sprint is primarily focused on the U.S. wireless market, AT&T has seen its interests split with pay TV, a wireline internet-service business, and operations in Latin America.
Investors looking at the wireless industry may be wondering whether it’s better to buy the pure play in Sprint, or if a more diversified conglomerate in AT&T is a better option. Let’s take a closer look at both companies to help decide.