Nextel Q3 profits
Oct 22 2004 - 11:48 AM ET | Nextel
Nextel today announced its third quarter profits:
* Net income of $588 million, up 69%
* Revenue of $2.89, up 18%
* 550,000 net subscriber adds, 14.5 million total
* Average revenue per customer, $69, down $2
Turnover (or churn) was a low 1.5%. Nextel recently launched its first camera phone, the
Motorola i860.