And it gets better: AT&T to reduce workforce by 12,000 - AT&T Inc. will layoff 12,000 of its employees, or 4 percent of its total workforce, in response to recent economic pressures.
Sprint/Nextel has had negative net income of $326mm, $829mm, and $505mm for the last three quarters. Verizon seems to be doing alright, about a billion in net income each quarter. GBLX has had negative net income of about $70mm each of the last three quarters. L3 has been doing slightly worse. I am sure Q4 numbers aren't going to be great. I hadn't thought about this, but it's going to be pretty interesting the next year or so.
