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Sprint's WiMAX buildout weighs on Q2 results
16 августа 2007 |
Sprint posted net income of $19 million, or 1 cent per share, on increased sales of $10.16 billion, compared with $370 million, or 10 cents a share, on sales of $10 billion in the same quarter a year earlier. Cost is weighing on both Sprint's and Clearwire's results in the second quarter (see Clearwire's results below). Investors are hoping to hear some good news next week when Sprint is expected to reveal more information about its WiMAX deal with Clearwire. Investors in both companies want to see more details about how the two will save money by joining together.
FierceBroadbandWireless
16.08.2007
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