23.01.2013 03:20 Uhr, Quelle: MacNN

Verizon doubles Q4 loss, blames pensions and Hurricane Sandy

Verizon posted a $4.2 billion loss for the fourth quarter of 2012, doubling its $2 billion loss that was posted in the fourth quarter of 2011, despite increased revenues across the company's divisions. Wireless has continued to drive growth, with 2.1 million new postpaid accounts in Q4 and a 10-percent jump in revenue to $20 billion.

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