Cingular Raises Profit Outlook
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Cingular Wireless, the largest U.S. wireless phone company, said Wednesday it expects to report a profit and positive cash flow in 2005, one year earlier than planned, following its $41 billion purchase of AT&#38;T Wireless Services Inc.
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AT&T Inc.  on Tuesday posted  higher quarterly profit, bolstered by strong growth in wireless  and high-speed Internet services.
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BellSouth Corp.  on Monday said  second-quarter profit rose, boosted by growth in wireless and  high-speed Internet services.
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Sprint Nextel Corp  on Wednesday posted a higher fourth-quarter profit as revenue rose despite weak customer growth.
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Wireless technology company Qualcomm Inc.  on Wednesday reported a higher quarterly profit on growing global demand for cellular networks using its technology.
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Motorola Inc. MOT.N, the world's No.  2 maker of cell phones, on Tuesday said its quarterly profit  rose sharply, helped by improving sales of a host of new  handset models.
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AT&T Inc  on Thursday posted a higher quarterly profit after better-than-expected wireless growth, sending its shares up almost 3 percent in pre-market trading.
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Nextel Communications Inc. NXTL.O,  the sixth largest U.S. mobile provider, on Friday said its  quarterly profit rose on strong subscriber growth, including  better-than-expected sales to young customers.
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Nextel Communications Inc. NXTL.O,  the sixth largest U.S. mobile company, on Friday said its  quarterly profit rose on better-than expected subscriber growth  and it raised its full-year outlook for net earnings and new  subscribers.
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Cingular Wireless, the largest US wireless phone company, said Wednesday it expects to report a profit and positive cash flow in 2005, one year earlier than planned, following its $41 billion purchase of AT&amp;T Wireless Services Inc.
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The company said quarterly profit would be higher than analystsâ estimates and it raised its full-year outlook as exchange rates and price and volume increases offset high commodity costs.
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U.S. phone company Qwest Communications International Inc  on Tuesday reported an 89 percent rise in fourth-quarter profit, boosted by a benefit related to income tax.
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ADC Telecommunications Inc.  posted a sharp increase in quarterly profit on Wednesday, beating expectations, and gave a forecast that topped current estimates, sending shares 3 percent higher.
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Cingular Wireless, the mobile venture of SBC Communications Inc.  and BellSouth Corp. , said on Monday revenue rose in the fourth quarter on strong subscriber growth.
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AT&T Inc  on Thursday posted  stronger-than-expected wireless growth in the fourth quarter  and reiterated its 2008 outlook, easing investor concerns that  U.S. economic weakness would hurt its profit.
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Atlanta-based Cingular Wireless, on the cusp of closing its acquisition of AT&amp;T Wireless, reported third-quarter results yesterday that showed higher sales and a slight decrease in operating income.
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Verizon Communications , the  nation's biggest telephone company, on Tuesday reported  better-than-expected quarterly operating earnings on strong  growth in its wireless business.