Sprint operating profit falls 35%

Article Abstract:

Sprint Corp. posted a decline of 35% in its operating profits for the 2001 second-quarter. The company posted $290 million (332.4 million euros) in quarterly profits excluding one-time items.

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Sprint net falls 60%, plans to slash work force by 7%

Article Abstract:

Sprint Corp. posted a decline of 60% in its net income for the 2001 third-quarter. The company also said it would layoff 7% of its workforce, or approximately 6,000 employees.

Labor force information, Planning, Layoffs

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AT&T posts big loss, hurt by value of Excite@Home

Article Abstract:

AT&T Corp. posted a $373 million (415.5 million euros) net loss for the 2001 first-quarter. The company posted a $1.74 billion profit during the same 2000 period.

T, AT and T Corp.

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Subjects list: United States, Finance, Telecommunications services industry, Telecommunications industry, Telephone services, Sprint Corp., FON
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