Thursday, August 03, 2006

Sprint Nextel 2Q Numbers

"Sprint Nextel Corp. said Thursday that its second-quarter profit fell 38 percent as the nation's third-largest wireless carrier absorbed costs from its merger with Nextel."
  • Sprint earned $370 million in the three months ended June 30
  • Revenue for the quarter increased 76% to $10 billion
  • added 708,000 net customers during the quarter
  • ARPU is $62

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