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Read More »MCI Posts Unexpected Loss on Higher Taxes
WASHINGTON – MCI Inc. (MCIP), which agreed to be bought for $8.5 billion by Verizon Communications Inc. (VZ) earlier this week, reported an unexpected loss on Thursday for the first quarter as taxes and interest payments rose. MCI (search), the No. 2 U.S. long-distance telephone company, reported a net loss …
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