Sprint Net Profit Down, Operating Earnings Up.(Brief article)

Publication: eWeek

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COPYRIGHT 2006 Ziff Davis Media Inc.

NEW YORK (Reuters)--Sprint Nextel Corp., the No. 3 U.S. wireless service, on Wednesday posted a weaker first quarter net profit, weighed down by merger expenses but its revenue rose as it added new subscribers.

Sprint , which bought Nextel Communications in August, said net income fell to $417 million,...

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