# SIC 4813 - Telephone Communications (No Radiotelephone)

Informational only - not investment advice.

Division: [Transportation, Communications, Electric, Gas, And Sanitary Services](/division/E/). Major group: [Communications](/major-group/48/). As of: 2026-02-17

## Companies
- [T](/company/T/): AT&T INC.
- [VZ](/company/VZ/): VERIZON COMMUNICATIONS INC

## Macro Context
- [PCE](/indicator/PCE/): Personal Consumption Expenditures
- [GDPC1](/indicator/GDPC1/): Real Gross Domestic Product
- [DGS10](/indicator/DGS10/): Market Yield on U.S. Treasury Securities at 10-Year Constant Maturity
- [M2SL](/indicator/M2SL/): M2

## Sources
Macro data:
- [PCE](https://fred.stlouisfed.org/series/PCE): FRED series PCE, source: U.S. Bureau of Economic Analysis
- [GDPC1](https://fred.stlouisfed.org/series/GDPC1): FRED series GDPC1, source: U.S. Bureau of Economic Analysis
- [DGS10](https://fred.stlouisfed.org/series/DGS10): FRED series DGS10, source: Board of Governors / U.S. Treasury market data
- [M2SL](https://fred.stlouisfed.org/series/M2SL): FRED series M2SL, source: Board of Governors of the Federal Reserve System

SEC data:
- [T SEC company page](https://www.sec.gov/edgar/browse/?CIK=732717); [latest 10-K 0000732717-26-000120](https://www.sec.gov/Archives/edgar/data/732717/000073271726000120/t-20251231.htm)
- [VZ SEC company page](https://www.sec.gov/edgar/browse/?CIK=732712); [latest 10-K 0000732712-26-000007](https://www.sec.gov/Archives/edgar/data/732712/000073271226000007/vz-20251231.htm)