3 Bell units post gains in profits

Article Abstract:

Three regional Bell companies - Nynex Corp, Bell Atlantic and US West - announce moderate growth in 1st qtr earnings and sales, while a fourth company - Pacific Telesis Group - says sales are up, but earnings are down. Nynex's income rises 2.8 percent, to $291.4 million, from $283.6 million a year ago. The parent of New York Telephone and New England Telephone reports revenues that are up 2.2 percent, to $3.3 billion, from $3.23 billion. Pactel's earnings fall to $262 million from $317 million. Revenues are up 1.3 percent, to $2.37 billion, from $2.34 billion. Bell Atlantic reports a 7.4 percent increase in earnings, to $355.3 million, from $330.8 million. Revenues are up 9 percent, to $3.02 billion, from $2.77 billion. US West's earnings are up 7.4 percent, to $271.9 million, from $249.6 million. Revenue is up 1.4 percent, to $2.43 billion, from $2.39 billion.

Laws, regulations and rules, Growth (Physiology), Growth, Government Regulation, NYNEX Corp., First Quarter

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Profits rise at 2 Bells, but are flat at Pactel

Article Abstract:

Two Bell regional telephone companies report profits up slightly, while another announces virtually flat profits. Bell Atlantic Corp announces 3rd qtr 1992 profit of $386.6 million, or 90 cents per share, up from $331.5 million and 78 cents per share in 3rd qtr 1991. Quarter-to-quarter revenue rose slightly, from $3.15 billion to $3.17 billion. At U S West Inc, 3rd qtr profit rose to $283.4 million, or 69 cents per share, in 1992 from $269.3 million, or 66 cents per share, in 1991. Quarter-to-quarter revenue fell from $2.62 billion to $2.56 billion. At Pacific Telesis, 3rd qtr 1992 revenue were $2.51 billion, up marginally from $2.5 billion in 1991. 1992 profit of $277 million, or 70 cents per share, was virtually unchanged form 1991.

Radiotelephone communications, Holding companies, not elsewhere classified, Third Quarter, Financial Report

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