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AT&T Estimates Charges Of $10 Billion In Fourth Quarter
2015-01-17 07:21:36| Telecom - Topix.net
AT&T Inc said it expected to record charges of about $10 billion for the fourth quarter but the non-cash losses would not affect operating results. The biggest U.S. telephone company said it would take a charge of $7.9 billion related to actuarial gains and losses on pension and post-employment benefit plans.
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AT&T estimates charges of $10 billion in fourth quarter
2015-01-17 03:11:43| Telecom - Topix.net
AT&T Inc said it expected to record charges of about $10 billion for the fourth quarter but the non-cash losses would not affect operating results. The biggest U.S. telephone company said it would take a charge of $7.9 billion related to actuarial gains and losses on pension and post-employment benefit plans.
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Eurobites: BT Faces New Rules on Access Charges
2015-01-16 09:44:16| IT Services - Topix.net
Also in today's EMEA regional roundup: TeliaSonera must wait on Tele2 deal; Finns unsure about online eavesdropping; jamming in the name of road safety. BT Group plc could be forced to cut the wholesale cost of access to its "superfast" broadband infrastructure following the introduction of new measures by UK regulator Ofcom .
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Citi's earnings hurt by legal charges
2015-01-15 16:50:38| IT Services - Topix.net
Citigroup Inc.'s fourth-quarter profit plunged 86% from a year earlier as the bank logged a previously disclosed legal charge while trading revenue disappointed. For the quarter, Citigroup reported a profit of $350 million, which includes $3.5 billion in legal and repositioning charges, compared with a year-earlier profit of $2.46 billion.
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Safaricom cuts roaming charges
2015-01-09 18:33:54| BBC News | Business | UK Edition
Subscribers to Kenya's largest mobile phone network will benefit from lower roaming charges in Europe and Africa.
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