Nextel Q3 profits

Oct 22 2004 - 11:48 AM ET | Nextel
Nextel today announced its third quarter profits: * Net income of $588 million, up 69% * Revenue of $2.89, up 18% * 550,000 net subscriber adds, 14.5 million total * Average revenue per customer, $69, down $2 Turnover (or churn) was a low 1.5%. Nextel recently launched its first camera phone, the Motorola i860.