18 Largest US Phone Communications Corps Posted 4Q 2017 Total Net Income of $49.349 Bil, Up 561% From Their 4Q 2016 Total Net Income of $7.469 Bil ........................................................................................ But Their 4Q 2017 Total US Federal Income Tax Debt Forgiveness Granted Them Courtesy of the Trump Tax Cuts Act of $49.6 Bil Was Even Higher Than Their Total 4Q 2017 Reported Net Income of $49.3 Bil ........................................................................................ In Other Words, These 18 Companies in Total Didn't Make a Dime On Their Own in the 4Q 2017

From SEC filings, the chart below shows financial information related to the 16 publicly-held US Phone Communications Corps with stock market caps above $500 Mil each and also the 2 non-publicly-held US Phone Communications Corps with a Book Value of Total Stockholders' Equity above $5 Bil each.

			Corp
			Quarter
			End
			When					TTCA	TTCA
			Trump	US GAAP	US GAAP			US	Decline
			Tax	Net	Net			Federal	in Value of
US Phone Communications Corp			Cuts	Income	Income			Income	Deferred
SEC SIC 4812 and 4813			Act	(Loss)	(Loss)			Tax	Income
Stock Market Cap Above $500 Mil		State	TTCA	Dec 17	Dec 16	Better		Debt	Tax
or Book Value of Stk Equity > $5 Bil	City Hqs	HQs	Signed	Quarter	Quarter	(Worse)		Forgiveness	Assets
				mils $	mils $	mils $		mils $	mils $
AT&T	Dallas	TX	Dec 17	19,136	2,515	16,621		20,271
Verizon	New York	NY	Dec 17	18,783	4,600	14,183		16,761
Sprint	Overland Park	KS	Dec 17	7,162	(479)	7,641		7,090
T-Mobile US	Bellevue	WA	Dec 17	2,702	390	2,312		2,180
CenturyLink	Monroe	LA	Dec 17	1,117	42	1,075		1,132
QWEST Corp	Monroe	LA	Dec 17	846	238	608		555
Telephone and Data Systems	Chicago	IL	Dec 17	334	(5)	339		314
United States Cellular	Chicago	IL	Dec 17	273	(5)	278		254
Consolidated Communications Hldgs	Mattoon	IL	Dec 17	100	-	100		113
Shenandoah Telecommunications	Edinburg	VA	Dec 17	61	-	61		53
GCI Liberty	Anchorage	AK	Dec 17	48	(16)	64		42
ATN Intl	Beverly	MA	Dec 17	47	4	43		11
Zayo Group Holdings	Boulder	CO	Dec 17	12	20	(8)		-
Cincinnati Bell	Cincinnati	OH	Dec 17	(16)	(2)	(14)		-
GTT Communications	McLean	VA	Dec 17	(50)	(1)	(49)			(12)
Vonage Holdings	Holmdel	NJ	Dec 17	(55)	(2)	(53)			(69)
Level 3 Parent LLC	Broomfield	CO	Dec 17	(122)	250	(372)			(195)
Frontier Communications	Norwalk	CT	Dec 17	(1,029)	(80)	(949)		830
Total all 18				49,349	7,469	41,880		49,606	(276)