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Aggressive Promotion To Take A Bite On Verizon Communications Inc. (VZ) Profit Margins

2014-12-09 12:56:30| IT Services - Topix.net

Price wars in the wireless sector look to be taking a toll on Verizon Communications Inc. , which has warned that its profits continue to come under immense pressure. CNBC 's, Dominic Chu, reports that Verizon expects fourth-quarter promotion offers to put more pressure on its earnings.

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