Verizon Communications Inc's quarterly profit missed estimates and the No. 1 US wireless carrier added fewer subscribers than anticipated in the fourth quarter as it struggles to fend off rivals in a maturing wireless market.
Shares of Verizon, which is in the process of buying Yahoo Inc's core assets as a way to diversify, were down 4.4% at US$50.09 (RM221.90) on Jan 24.
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