Sprint's wireline revenues down once again in Q3

If you're looking for improved financial performance in Sprint's wireline network segment for the third quarter, you won't find it.

Once again, Sprint reported that wireline revenues of $1.4 billion were down 10 percent year-over-year with decreases in voice and data services offsetting growth in Internet revenue.

On the other hand, Sprint's third quarter Internet revenues were up 5 percent from the third quarter of 2008 and flat sequentially. Sprint attributes the year-over-year increase in Internet revenues to ongoing demand for its Global MPLS services and increased demand from cable operators for its wholesale VoIP service. As of the end of Q3 09, Sprint said it supported about 4.9 million users of cable partner VoIP services.

Not surprisingly, Sprint's wireline segment continued to see losses in voice and legacy data services. Voice revenues declined 14 percent year-over-year. Just the same, legacy data revenues declined 35 percent, a factor Sprint attributes to their customer's ongoing migration to IP services.

For more:
- see the release here

Related articles
Sprint's wireline revenue declines 11 percent
Sprint hands wireless and wireline network keys to Ericsson
Sprint takes femtocells wholesale
WSJ: Sprint, Level 3 discussing long-haul JV

Suggested Articles

In order to help fuel its fiber ambitions in the Midwest, Everstream announced it has secured $342.5 million in debt financing from nine banks.

The winds of changes swept through IBM on Monday as the company named Howard Boville as the new head of its cloud business.

As Frontier Communications charts a course to a bankruptcy filing next week, the company regrets not spending more on fiber network upgrades.