Nextel Q4 profits

Feb 17 2005 - 03:00 PM ET | Nextel

Nextel reported fourth quarter 2005 earnings today: * Net earnings fell 26% to $471 million * Revenue of $3.6 billion, up 19% over the year ago period * About 1 million new customers (595,000 direct Nextel, 360,000 Boost Mobile), for a total of 15 million Nextel subscribers and 1.2 million Boost customers. * Average revenue per user was $68 (vs. $70 in the year ago period) Nextel is currently in the process of a merger with Sprint.

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