Verizon Posts A Net Loss Of $2.02B In Q4 2011

Ever since the AT&T/T-Mobile saga came to a grinding halt, you’d think that Verizon would be enjoying its reign in peace. But it would seem that the company has posted a net loss of $2.02 billion in the fourth quarter of 2011. At the same time a year earlier, Verizon was seeing a profit of $2.64 billion.