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Verizon misses earnings estimates as price pressure takes toll

2015-01-22 20:14:38| Telecom - Topix.net

Verizon Communications Inc., the largest U.S. wireless carrier, missed analysts' fourth-quarter profit estimates as a surge in sales of deeply discounted phones squeezed margins. Photo Credit: AP Verizon Communications Inc., the largest U.S. wireless carrier, missed analysts' fourth-quarter profit estimates as a surge in sales of deeply discounted phones squeezed margins.

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