» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
Skip Navigation LinksHome >
VOL. 127 | NO. 216 | Monday, November 05, 2012

Verizon Says Sandy Effects Could be ‘Significant'

AP

Print | Front Page | Email this story | Comments ()

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 This material may not be published, broadcast, rewritten or redistributed.

Sign-Up For Our Free Email Edition
Get the news first with our daily email


 
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 57 57 9,423
MORTGAGES 75 75 11,821
FORECLOSURE NOTICES 0 0 2,278
BUILDING PERMITS 242 242 20,920
BANKRUPTCIES 42 42 7,378
BUSINESS LICENSES 16 16 3,328
UTILITY CONNECTIONS 111 111 11,390
MARRIAGE LICENSES 28 28 2,631

Weekly Edition

Issues | About

The Memphis News: Business, politics, and the public interest.