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What's more, an AT&T filing in the merger process revealed that the company had plans to expand the coverage to 97 percent on its own for $3.8 billion — a tenth of the merger cost.
The company, which is fighting an uphill battle to win MCI, says it sees merger cost savings of more than $10 billion over the first four years.
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The company also had $749 million in merger costs.
Excluding merger costs and other items, the loss came to 27 cents a share.
BoA said Merrill contributed $3.7bn to its profits, before taking into account merger costs of $510m.
Pretax merger costs of $125 million cut profit by 4 cents a share, the company said.
Excluding merger costs, profit totaled $1.19 a share, matching forecasts of analysts polled by Reuters Estimates.
Counting long-term acquisition and merger costs, EarthLink had a $90.5 million loss in the quarter.
Excluding merger costs and other special items, Pfizer, which is based in New York, earned 54 cents a share.
Including merger costs, Qwest, based in Denver, reported net earnings of $7.2 million, or a penny a share in the quarter.
Merger costs for the year will be $150 million to $160 million, more than the company's previous projection of $125 million.
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