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Forums » Should Incumbents Just Provide Bandwidth? » Earnings are down because of Katrina not TV
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Cod

join:2000-07-05
Greensboro, NC

Earnings are down because of Katrina not TV

BellSouth's earnings are down because of Katrina costs, not "TV dreams" as implied.

Wall Street Journal Excerpt:


BellSouth's net declines by 26% on Katrina costs -- WSJ
By DIONNE SEARCEY
April 21, 2006; Page B2

BellSouth Corp. said first-quarter net income fell 26% from a year earlier, citing costs related to Hurricane Katrina.


cableties
Premium
join:2005-01-27
They have insurance to cover losses! this kills me!


hayabusa3303
Over 200 mph
Premium
join:2005-06-29
clubs:
Company of this size is more likely Self insured than anything.

Why are they after google to pay for damage again?
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