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Today: April 09, 2025

Verizon to incur $5.8 billion impairment charge in fourth quarter

The Verizon logo is seen on the 375 Pearl Street building in Manhattan, New York City
April 26, 2024
Reuters - Reuters

(Reuters) - Verizon Communications said on Wednesday that it would record a non-cash goodwill impairment charge of about $5.8 billion in the fourth quarter.

(Reporting by Samrhitha Arunasalam in Bengaluru; Editing by Savio D'Souza)

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