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VOL. 127 | NO. 216 | Monday, November 05, 2012

Verizon Says Sandy Effects Could be ‘Significant'

AP

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NEW YORK (AP) – Verizon says the effects of Superstorm Sandy on its fourth-quarter earnings could be "significant."

Verizon Communications Inc., whose downtown Manhattan facilities were flooded and are still without power, said Friday it is working to restore communications services to customers affected by the storm.

The New York-based company says this could take some time.

Sandy knocked some cell towers out earlier in the week but by Wednesday they were slowly coming back to life. But ongoing power outages mean many are still disabled.

Verizon says it is not possible to estimate the precise impact of the storm on its fourth-quarter results though it could be significant.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 45 269 13,925
MORTGAGES 99 397 18,223
FORECLOSURE NOTICES 0 55 3,560
BUILDING PERMITS 0 430 32,733
BANKRUPTCIES 72 283 13,286
BUSINESS LICENSES 13 81 4,786
UTILITY CONNECTIONS 0 307 20,206
MARRIAGE LICENSES 0 72 4,269

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