Sprint-Nextel Sales Down 7%

Sprint Nextel said that its consolidated net operating revenues fell 7% year-on-year in the fourth quarter of 2009 to 7.9 billion US dollars primarily because of a "lower contribution from post-paid wireless service revenues as well as wireline revenues, partially offset by an increase in prepaid wireless service and equipment revenues."

The U.S. operator's capital expenditure in the quarter was 554 million dollars, compared to 548 million dollars in the fourth quarter of 2008.  Sprint Nextel expects that "both post-paid and total subscriber losses will improve in 2010 compared with 2009". It also said that full-year capital expenditure in 2010 will be up to $2 billion compared with 1.6 billion dollars in 2009. source: Sprint Nextel statement