|
 LITTLE ROCK, Ark. (AP) - Alltel Corp. reported Tuesday that profits from its wireless business rose as it built sales and added customers in its fourth quarter, but overall earnings slid 12 percent, showing the effect of Alltel's spinoff of its traditional phone business.
Alltel reported a profit of $215.9 million, or 58 cents per share, compared to $255.1 million, 66 cents per share, in the year-ago quarter. Alltel had revenue for the quarter of $2.09 billion, compared to $1.84 billion a year before.
Analysts surveyed by Thomson Financial had projected a quarterly profit of 59 cents per share on revenue of $2.04 billion.
|