News tagged with alltel

Verizon profit falls 30 pct on restructuring costs

(AP) -- Verizon Communications Inc. reported a 30 percent drop in third-quarter earnings Monday as it couldn't sign up enough new subscribers to offset higher costs from laying off workers and absorbing an acquisition.

dateOct 26, 2009 in Business
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Verizon 2Q profit falls, tops view, plans job cuts

(AP) -- Verizon Communications Inc., the nation's largest wireless carrier, said Monday its second-quarter profit fell 21 percent as cost-cutting in its wireline business failed to keep pace with falling revenues.

dateJul 27, 2009 in Business
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