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MCI COMMUNICATIONS LIKELY TO REPORT NET LOSS FOR ALL OF 1986

MCI Communications Inc, which had been saying that write-down and restructuring charges in the fourth quarter would total $500m to $700m pre-tax, but the company now says that the net figure will be $500m to $550m, implying a big net loss for all of 1986; it did $54.1m net in the first nine months of 1986.

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CBR Staff Writer

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