AT&T Inc. (T), Leap Wireless International, Inc. (LEAP): Not a Big Leap, But Still Important

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Income investors should probably be looking at AT&T shares over Verizon at this point. Verizon’s northern push suggests that there’s minimal growth left in the domestic cell market. If that’s the case, it doesn’t deserve a premium price to AT&T.

And while AT&T may have been forced into gorilla warfare mode by the regulators, the Leap deal and a more aggressive pricing strategy shows that it’s still fighting hard to catch Verizon. That might even become easier if a Canadian foray turns into a management distraction at Verizon.

Reuben Brewer has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned.

The article Not a Big Leap, But Still Important originally appeared on Fool.com and is written by Reuben Brewer.

Reuben is a member of The Motley Fool Blog Network — entries represent the personal opinion of the blogger and are not formally edited.

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