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JoeRoganFan

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JoeRoganFan

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Tuesday, 01/20/2015 10:04:18 AM

Tuesday, January 20, 2015 10:04:18 AM

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So it would seem Verizon's recent bump up is attributed to ATT's large payment:

Dallas-based AT&T Inc. (NYSE: T) said it will included a pretax loss of $7.9 billion in its fourth quarter to account for changes in its pension and retiree benefit plans. The company said in a regulatory filing that the results also will include a $2.1 billion noncash charge because certain copper assets no longer are needed because of changing customer demand for older voice and data products. AT&T is scheduled to report its earnings on Jan. 27.
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