Sprint's (NYSE: S) Q2 2013 wireline revenues rose sequentially to $910 million, up from $893 million in Q1, due to a rise in voice revenues.
During the quarter, voice revenues were $377 million, an increase over $352 million in Q1 2013.
Despite the gain in voice revenues, wireline data and Internet revenues declined to $87 and $432 million, respectively, from $94 and $434 in the first quarter.
Even with the wireline losses, the service provider has been expanding its wireline initiatives, particularly around Ethernet, cloud services, and next-gen voice services such as SIP trunking.
One of the highlights of its wireline product introduction in Q2 was the expansion of its SIP trunking solution for businesses into 12 European countries earlier this month. A key benefit of the SIP trunking product is that its uses "virtual trunk" over one IP connection, meaning that a business immediately cut "physical trunk" costs by converging their voice and data traffic on its MPLS network infrastructure.
Shares of Sprint were trading at $5.91, up 17 cents, or 2.96 percent, in late Tuesday morning trading on the New York Stock Exchange.
For more:
- see the earnings release
- here's FierceWireless' coverage
Special Report: Wireline telecom earnings in the second quarter of 2013
Related articles:
Sprint's Q1 wireline revenues drop to $893 million on lower voice, Internet results
Sprint to launch broader Ethernet service set later this year
Sprint targets enterprises with MPLS, managed cloud bundle
Sprint extends Ethernet reach into Spain via Interxion
Gartner: Sprint's MPLS, Ethernet expansions advance its standing