Verizon is writing down the value of its business services division by $5.8 billion, a sign of the company's declining enterprise operations. From a report: The wireless carrier said in a filing Wednesday that the non-cash goodwill impairment charge was due to "secular declines, as well as continuing competitive and macroeconomic pressure." As a result o ... ⌘ Read more
Verizon is writing down the value of its business services division by $5.8 billion, a sign of the company's declining enterprise operations. From a report: The wireless carrier said in a filing Wednesday that the non-cash goodwill impairment charge was due to "secular declines, as well as continuing competitive and macroeconomic pressure." As a result o ... ⌘ Read more