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What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.

Monday, August 17, 2009

Sprint-Nextel Struggles On

At the end of July, Sprint-Nextel reported a 10% year-on-year fall in revenues in the second quarter of 2009 to 8.14 billion US dollars, as the U.S. operator lost prepaid wireless customers.

Capital expenditures were 321 million dollars in the quarter, about 50% down on the second quarter of 2008, which included approximately 100 million dollars in nonrecurring capital expenditures related to the deployment of WiMAX prior to the transfer to those assets to Clearwire. source: Sprint-Nextel statement

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