Sprint's wireline revenues rise to $875M on strong Internet, voice gains

Sprint (NYSE: S) reported that its wireline revenues of $875 million were driven by sequential increases in both Internet and voice segments. 

During the quarter, Internet revenues were $420 million, up from $373 million in Q2 2013, while voice revenues were $375 million, an increase over $333 million in the previous quarter.

Meanwhile, data and other revenue were $64 million and $16 million vs. $14 million and $57 million in the second quarter.

The service provider continued to enhance its wireline capabilities in the third quarter by upgrading its network and offering a host of new higher speed services.

To support its wireline and wireless services under its Network Vision initiative, the service provider is in the process of upgrading its optical network backbone with Ciena's 6500 platform. As part of that work, Sprint deployed a 100G circuit over a 1,304-mile span in the United States and recently completed a live 400G trial.

In tandem with its network upgrades, it introduced a suite Ethernet wavelength services supporting 10 Gigabit Ethernet (GigE), 40GigE and 100GigE speeds under its new Ethernet Wave Service line.

From an overall financial perspective, Sprint's net operating revenue fell 2 percent to $8.68 billion. 

Shares of Sprint were listed at $6.75, up 7 cents, or 1.05 percent, in morning trading on the New York Stock Exchange.

For more:
- see the earnings release

Earnings summary: Wireline telecom earnings in the third quarter of 2013

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Sprint's wireline revenues rise to $910M with voice service gains

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