Alltel posts higher quarterly profit
Announcements, Telecom and Mobile Services August 3rd, 2006
Alltel posts higher quarterly profit
Alltel Corp. has come out with its revenue reports and the company has posted a higher quarterly profit figure.
The company gained from adding more than expected number of new customers to their services. And they have now predicted a similar rate of growth for the rest of the year.
Alltel is a dominating player in the rural areas and they reported earnings of $428.9 million or $1.10 a share compared with $402.1 million or $1.27 a share a year ago in the same period.
The company clarified that the earning per share has gone down this year as they now have 24% more shares floating around in the market.
Alltel gained 146,000 net new wireless customers in the quarter.
Popularity: 4% [?]
Tags: Revenues
Related Posts
Alltel reports improved profits though it added fewer subscribers than predicted
AT&T posts improved quarterly earnings
Levi Strauss posts impressive profits
AT&T posts higher profits as revenues increased

About










Leave a Comment