More on Verizon: Continuing his talk at a Citi conference, CEO Lowell McAdam claims Verizon...
Monday, January 7, 4:17 PM ETMore on Verizon: Continuing his talk at a Citi conference, CEO Lowell McAdam claims Verizon Wireless had 2.1M net subscriber adds in Q4; that's well above the 1.5M added a year ago, and the highest quarterly total in Verizon's (VZ +0.9%) history. However, he also said Verizon is "planning on 2013 being relatively flat," and forecast $9B-$10B in Q4 charges - $7B of that figure stems from pension liabilities, $1.5B from restructuring efforts, and $1B from Hurricane Sandy.
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