Higher costs hit Verizon profits
617841
US phone giant Verizon sees its profits fall 38% due to the cost of building a new fibre-optic network.
670477
The contract electronics manufacturer posted a 90 percent drop in quarterly net profit, but earnings excluding special charges were higher than expected.
662065
NEW YORK -- Verizon Wireless added 2.3 million customers, most of them prized monthly subscribers, to put a shine on a fourth quarter when Verizon Communications Inc.'s profit was cut by restructuring costs.
716574
AT&amp;T Corp., the No. 4 U.S. telephone company, said on Thursday its fourth-quarter earnings increased as it cut costs through slashing jobs and lower equipment expenses.
217734
The smartphone maker said Tuesday that it swung to a loss in its fiscal second quarter as revenue fell and expenses rose.
321639
MOBILE phone maker SonyEricsson reported a tripling in quarterly pre-tax profits yesterday as it benefited from an upsurge in demand for its camera phones.
379418
Verizon Communications Inc  said on Monday that quarterly revenue rose due to strong wireless and Internet subscriber growth, although profit fell after merger-related costs and other items.
451684
Higher interest rates and the cost of completing acquisitions hit profits at the transport company Arriva.
348743
InfoWorld - Driven largely by gains in its wireless and data businesses, Verizon Communications' revenue was up 5.5 percent year over year in the fourth quarter of 2007, and net income was up slightly.
754214
Verizon Communications Inc   reported a better-than-expected quarterly profit on Monday  driven by strong wireless subscriber growth, though analysts  were unimpressed by its Internet subscription sales.
35493
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.
402010
Verizon Communications Inc.'s third-quarter profit held steady at about $1.80 billion as declining revenues from traditional phone services at the nation's biggest telephone company were offset by another blockbuster quarter for Verizon Wireless, which added a record 1.7 million subscribers.
564240
Virgin Mobile Holdings PLC reported an 18 percent surge in revenue but lower net profits for the half year Thursday as the costs of its listing on the London Stock Exchange this summer hurt the bottom line.
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.
179822
Verizon Communications announced earnings of $1.07 billion in the fourth quarter, but said its traditional telephone business remained a drag on the bottom line.
721029
Cingular Wireless on Wednesday said record new subscribers drove revenue higher in the third quarter, but blamed a decline in operating profit on increased costs to gain customers and from its pending merger with AT&amp;T Wireless Services Inc.
382348
Profits more than double but were restrained by futures contracts.