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Home / AP News / Verizon takes $4.6B charge on internet ventures

Verizon takes $4.6B charge on internet ventures

Shares of Verizon slipped before the opening bell Wednesday with the company taking a $4.6 billion hit on what's become an expensive internet foray that's never panned out. In a regulatory filing late Tuesday, Verizon Communications Inc. said it will take a charge in the fourth quarter to cover weak revenue and earnings from its Oath ...

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