Sprint Q4 2004 earnings soar
Feb 03 2005 - 02:27 PM ET | Sprint Nextel
Sprint's fourth-quarter 2004 earnings shot up to $437 million, compared to $110 million in the year-ago period. The wireless business did very well:
* 1.58 million new wireless customers: 526,000 Sprint PCS; 923,000 wholesale and 133,000 via affiliated partners
* Wireless customers at the end of year totaled 24.8 million, up 22% versus 2003
* Average monthly service revenue per user (ARPU) was $62 in the fourth quarter and in the year-ago period
* 6.2 million Sprint PCS Vision customers (data was 9% of ARPU)
This was the first earnings statement Spint has issued since the
Nextel merger was announced.
