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Description:  Verizon on Friday said it is making progress in getting its cellular service back online for customers impacted by Superstorm Sandy, but the repair work may take a chunk out of its fourth-quarter earnings.

Source: CNNMoney.com

Date: Nov 02, 2012

Link:   http://money.cnn.com/2012/11/02/technology/mobile/verizon-sandy/?source=cnn_bin

Questions for Discussions:

  • How can Verizon and others in the same industry deal with the financial risks associated with events like “Sandy”?
  • What other businesses are likely to report similar financial losses as a result of the storm?

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