Business Services Industry

The Denver Post Business Briefs Column.

Knight Ridder/Tribune Business News, August, 2003

The Denver Post Knight Ridder/Tribune Business News

Aug. 11--DEX MEDIA EAST LOSES $11.9 MILLION IN QUARTER: Dex Media East, which took over the phone directory business of Qwest Communications International in seven states, reported a second-...uarter net loss of $11.9 million Monday.

The loss would have been $2.3 million if not for the effects of purchase accounting, the company reported. Dex Media East said its net income was not comparable to profit of $48.1 million during the same ...uarter last year because of its ac...uisition from Denver-based Qwest.

Qwest agreed last year to sell its phone directory unit to private investors for $7.05 billion, and the first half of the sale involving Qwest's eastern states closed in November...

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