US West posts 9% rise in 2nd-quarter earnings

Article Abstract:

US West Inc. posted an improvement of 9% in its earnings for the second-quarter of 1999. The company was helped by strong growth in its expanding wireless and high-speed data businesses. For the quarter, US West posted $421 million (400.8 million euros). This comes out to 83 cents per share. During the same period in 1998, US West posted $385 million or 76 cents per share.

Comment:

Posts improvement of 9% in earnings for second-quarter of 1999

United States, Sales, profits & dividends, U S WEST Inc.

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Telecom financial measures could lead investors astray

Article Abstract:

Vodafone Group PLC, Telecom S.A.'s Orange S.A. and other large European telecom companies challenge claims that the European telecoms regularly steer investors toward performance measures that might not be as wise as the investors would wish.

Europe, Legal issues & crime, Financial management, COMMUNICATION, Financial Systems & Controls, Company legal issue, Cases, Investigations, Communications industry, Company financing

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