AT&T, the largest U.S. pay TV operator and No.2 U.S. wireless carrier, said it will record a pre-tax loss of about $1 billion in the fourth quarter ended Dec. 31.
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The loss is related to the annual remeasurement of pension and post-employment for benefit plans, AT&T said in a regulatory filing on Friday.
AT&T is expected to report its fourth-quarter results on Jan. 25.
(Reporting by Aishwarya Venugopal in Bengaluru; Editing by Savio D'Souza)