Alltel Profit Jumps 51%
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Alltel, which has agreed to be bought by private equity investors, posted quarterly profit of $282.6 million as it added more wireless subscribers than expected.
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Quarterly profit beat expectations on strong growth in its international, ground and freight segments.
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Nextel Communications, the nation&#39;s fifth-largest wireless provider, said yesterday that its profit jumped 69 percent in the third quarter from the period last year.
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Lucent Technologies Inc, the nation&#39;s leading telecommunications-equipment maker, recorded its first annual profit since 2000, fueled by rapid growth in its wireless telephone division, the company announced yesterday.
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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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Norwegian telecommunications operator Telenor ASA on Tuesday said second-quarter profit rose 42 percent as the company benefited from higher sales. via Forbes
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Anglo-Swedish pharmaceutical giant AstraZeneca PLC announced a 51 percent leap in third-quarter profits Thursday, despite an &#36;80 million loss on the U.S. rejection of its anti-clotting drug Exanta.
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Nextel Communications Inc., the sixth largest U.S. mobile company, on Friday said its third-quarter profit rose amid strong customer growth and it raised its earnings forecast for the full year.
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Shares jumped nearly 4 percent after the low-cost carrier reported its first third-quarter profit in two years on higher occupancy rates and capacity.
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The phone company reported a fourth-quarter profit, helped by a gain tied to the sale of real estate and an increase in high-speed Internet subscribers.
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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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Black & Decker Corp. BDK.N on  Wednesday reported a 51 percent increase in third-quarter  profit, topping estimates, as sales and profit margins improved  in power tools and home hardware.
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India's second-largest software services exporter, Infosys Technologies, said quarterly net profit jumped 51.5 percent, helped by strong outsourcing demand.
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Nextel Communications Inc., the sixth largest US mobile company, on Friday said its third-quarter profit rose amid strong customer growth and it raised its earnings forecast for the full year.
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European benchmarks advanced, paced by telecommunications shares after Deutsche Telekom AG raised its full-year profit forecast and announced the first dividend in three years.
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Satellite operator Eutelsat reports a rise in profits on the back of  world demand for new TV and information services.
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Wireless technology and chip  supplier Qualcomm Inc  on Wednesday posted a higher  profit for its fiscal first quarter as revenue rose on strong  demand for its mobile phone chips.