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CenturyLink puts consumer business up for sale after Q1 loss of USD 6.2 bln

2019-05-09 09:26:00| Telecompaper Headlines

(Telecompaper) CenturyLink reported a net loss of nearly USD 6.2 billion for the first quarter, after impairment charges of USD 6.5 billion to write down asset values following a drop in its share price. The US operator also announced a strategic review of its consumer business, to look at alternatives to owning the activities. 

Tags: business sale loss consumer

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