Comment on Verizon takes billions in charges for Oath, buyouts

Verizon takes billions in charges for Oath, buyouts

Verizon Communications said Tuesday it will take a $4.6 billion charge related to its Oath media assets — Yahoo and AOL — and a severance charge of up to $2.1 billion for voluntary buyouts, in the fourth quarter. The largest US wireless carrier by subscribers said in a filing that competition pressures will continue for...

 

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