AT&T Inc. and Verizon Communications Inc. are weathering the recession better than most U.S. companies, but both phone giants could show some nicks and cuts in the coming days as they report quarterly results.
Already, wireless phone makers Nokia Corp., Samsung, Motorola Inc. and Sony Ericsson have reported flat or lower fourth-quarter sales. Even Apple ( AAPL ) saw a sharp decline in shipments of its popular iPhone, whose exclusive U.S. distributor is AT&T.
