Thursday, September 17, 2015

Verizon says 2016 earnings may 'plateau'

Verizon Communications Inc (VZ.N) said its 2016 earnings may "plateau" at 2015 levels due to near-term impacts including commercial model change in wireless.The company also cited the planned sale of its wireline business to Frontier Communications Corp (FTR.O) as a reason for the lackluster forecast. (Reporting by Devika Krishna Kumar in Bengaluru; Editing by Don Sebastian)

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