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AT&T Posts Huge Quarterly Loss on T-Mobile USA Break-Up Fee

  • Aired: 1/26/2012
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AT&T Inc posted a massive quarterly loss due to a break-up fee for its failed T-Mobile USA merger and a pension-related charge on top of costly subsidies for smartphones such as Apple Inc's popular iPhone. As a result, the telephone company posted a loss of $6.68 billion compared with a profit of $1.09 billion a year ago.

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