If Verizon takes a hit, blame Bernie Sanders [telecom]

Apr 24, 2016 0 Replies
If Verizon takes a hit, blame Bernie Sanders [telecom] open original image

By Emily Stewart



Democratic presidential candidate Bernie Sanders has been relentless in his attacks on Verizon over the past few weeks. And believe it or not, the criticisms of the self-described democratic socialist could hurt the company where it matters most: the balance sheet.



Verizon CFO Fran Shammo warned in an investor conference call Thursday that a bitter labor contract dispute with nearly 40,000 of its employees might weigh on the company's earnings.



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