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Sprint posts $344 million in losses while slowing customer defections

announcements | arpu | financial | losses | profits | revenue | sprint | wimax | xohm

Sprint’s road to recovery will be a long and drawn out process, mostly dependent on CEO Dan Hesse’s ability to get the wireless carrier’s high-speed, WIMAX-based XOHM data network up and running in a timely manner. Sprint desperately needs to redefine itself as something more than just the No. 3 wireless voice carrier, and an [...]

Verizon posts 12% increase in Q2 revenue - Takes lead with $12.1 billion in revenue

announcements | arpu | at&t | att | cingular/at&t | financial | revenue | verizon | verizon wireless | vzw

Talk about taking the lead. Verizon has just posted the industry’s highest Q2 revenue numbers. At $12.1 billion, Verizon has increased their earnings by 11.8%. While still technically the No. 2 US wireless carrier, Verizon Wireless’ quarterly earnings easily outpaced those of the leading US wireless carrier, AT&T. Big Blue lagged behind Verizon by about [...]

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