AT&T to Record $1B Pre-Tax Loss in 4Q


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.

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)