So Happy to See My Favorite Cell Phone Company in the Black!

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From a story on the Corante Communications Blog.

Nextel posts first profit for quarter – Washington Post

Nextel Communications continues to impress – yesterday the company announced its first-ever profit of $123 million on an increase of revenue of 25%. The company also said it retired $1.1 billion in debt in the second quarter. It also added 471,000 subscribers in the quarter bringing to 9.6 million its total subscriber base. Analysts said that they continue to be happy with its performance and its plans to try to reduce capital expenses in 2003.

Now, maybe their calling plans won’t have to be so high 🙂

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Steve Hall

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