Clearwires Losses, Revenues Grow

The mobile operator reported a net loss attributable to the company of $227 million, or $0.93 per basic share, more than double its loss of $94 million a year ago.

Clearwire Pursues More Funding as Losses Mount

The company ended the fourth quarter with roughly 4.4 million subscribers, most of whom are wholesale customers through Clearwire’s relationships with Comcast, Sprint Nextel and Time Warner Cable.

XO Cuts Losses in Q2

After a rough first quarter that saw its net loss quadruple in just one years time, XO Holdings reported better second-quarter numbers this week.

Gulp! Nokia Reports Losses of More Than $1 Billion

Handset giant Nokia has some big losses to report – $1.36 billion for the third quarter. The biggest reason for the loss is the company’s shrinking lead in the smartphone market, where its share has dropped from 41 percent to 35 percent. Apple’s iPhone and RIM’s BlackBerrys are eating into that pie. Just last year, […]

XO Lowers Losses

XO Holdings Inc. reported Thursday that it lowered its net loss by more than 50 percent during the first quarter compared to the same time last year. The companys net loss was $20.6 million during the first quarter. It was $43.7 million in 2006. XO reported its revenue at $348.5 million compared with $349.6 million […]

Vonage Losses Narrow

Troubled VoIP company Vonage Holdings Corp. reported Thursday its net loss narrowed during the first quarter despite an ongoing legal battle with Verizon Communications Inc. The first-quarters net loss was $72 million, or 47 cents per share, compared with a loss of $85 million during the first quarter last year. The company was not publicly […]

Time Warner Telecom Closes Gap on Quarterly Losses

Colorado-based Time Warner Telecom Inc. improved its losses during the first quarter of 2007, the second straight quarter it has reported earnings since buying Xspedius Communications. The CLEC on Wednesday posted a net loss of $13.8 million, or 10 cents per share, as compared to a loss of $22.3 million, or 19 cents per share, […]

Level 3 Losses Widen

Level 3 Communications Inc. lost $647 million, or 44 cents per share, in the first quarter of 2007, compared to $168 million, or 20 cents per share, a year ago. The telecom carrier attributed the nearly quadruple gap in part to the refinancing of $3 billion of long-term debt, an effort that cost $427 million. […]

XO Reports Fourth Quarter Growth, Reduces Yearly Losses

XO Holdings Inc. boosted revenue and narrowed losses during the fourth quarter of 2006, mainly due to demand for its data and IP services. The company also improved its yearly losses from 2005. The parent company of XO Communications LLC and Nextlink Wireless Inc. released its latest earnings numbers on March 16 after the stock […]

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