Sprint Nextel Posts Gains in 4Q Earnings
124673
RESTON, Va. -- Sprint Nextel Corp., the nation's third largest wireless carrier, said Wednesday that fourth-quarter profits rose 33 percent on stronger revenue, but the company continued to lose high-quality subscribers.
604219
Sprint (FON:NYSE - news - research) chief Gary Forsee is billing the Nextel (NXTL:Nasdaq - news - research) deal as strength building on strength.
191864
NEW YORK -- Verizon Communications Inc., the nation's second largest telecommunications company, on Monday reported a 3.9 percent rise in fourth-quarter earnings on steady but moderate growth in its core operations.
205142
Nextel Communications Inc., the No. 1 seller of push-to-talk mobile phones, said third-quarter profit rose 69 percent as customer turnover dropped and the company added clients to its youth-aimed Boost mobile service.
314491
The company said it earned $52 million in the fourth quarter on strong U.S. and international sales. Its shares climbed more than 7 percent in morning trading.
649359
Verizon Communications , the  nation's biggest telephone company, on Tuesday reported  better-than-expected quarterly operating earnings on strong  growth in its wireless business.
204967
Sprint Corp.&#39;s acquisition of Nextel Communications Inc. might result in more jobs in the company&#39;s local telephone service segment.
755776
The Sprint Corporation said that it expected sales and profit to continue growing in 2005 thanks to continued strength in its wireless division.
201123
Verizon Communications  said on  Monday its quarterly profit rose and its wireless customer  additions were ahead of analyst estimates.
125765
Nextel Communications Inc., the wireless telephone service provider, reported a 69 percent increase in profits in the third quarter, thanks to continued customer growth as well as a one-time tax benefit, and boosted guidance for the year.
765925
Sprint Nextel will lay off about 4,000 employees and close about 125 retail outlets after it suffered a net loss of more than 100,000 customers in the fourth quarter of 2007, the company said Friday.The layoffs and other cost-cutting measures are expected to save the company $700 million to $800 million a year, the company said in a news release.The company reported a net gain of 500,000 subscribers through wholesale channels, growth of 256,000 Boost Unlimited users and net additions of 20,000 subscribers within affiliate channels. These gains were offset by net losses of 683,000 post-paid subscribers and 202,000 traditional prepaid users.At the end of the year, Sprint had 53.8 million subscribers, including 40.8 million customers of its traditional post-paid service.In addition to the layoffs, to come in the first half of the year, Sprint plans to close about 8 percent of its company-owned retail locations and eliminate more than 4,000 third-party distribution outlets, the company said. Sprint now has 20,000 total distribution points, including nearly 1,400 company-owned retail locations.Sprint will announce its full fourth-quarter results on Feb. 28.
766277
Sprint Nextel Corp  on Wednesday  posted a higher fourth-quarter profit as revenue rose despite  weak customer growth.
480123
AT&T Corp., the No. 4 U.S. telephone  company, said on Thursday its fourth-quarter earnings increased  due to cost-cutting through job cuts and a tax benefit from the  writedown of its assets.
204631
Wireless communications service provider Nextel Communications Inc. on Friday posted 69 percent growth in third-quarter earnings based on demand across its business sectors, and raised its outlook for 2004.
648665
Sprint Nextel Corp  reported deeper than expected subscriber losses on Friday and said it would cut about 4,000 jobs, sending its shares down 26 percent and raising fears that an economic slowdown would take a greater toll on the wireless industry .
263231
Shares of Sprint Nextel Corp   rose over 3.5 percent on Friday as investors reacted to market  speculation the No. 3 U.S. mobile service could be sold to  Britain&#39;s BT Group , but analysts were skeptical.
154784
The announcement comes after Sprint last week reported deeper-than-expected customer losses for the fourth quarter and said it would cut about 4,000 jobs in a bid to reduce costs.