MCI Restates Net income by $52M
A Reuters newswire article, via CNN/Money, reports that:
MCI, the long-distance phone company being acquired by Verizon Communications, on Thursday said it will reduce reported net income for the first nine months of 2005 by $52 million.
The cut is to correct an error related to contributions to the Federal Universal Service Fund, the company said.
posted by Fergie @ 1/05/2006 07:26:00 PM
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