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sprint nextel Quarterly Results 2004 3rd
Sprint reported third quarter results with increases in revenue, profit, and customer growth in wireless and solid cash flow. Wireless saw double-digit revenue and profit growth along with customer gains. Local operations reported strong DSL customer additions despite challenges from storms. Sprint recognized a $3.5 billion impairment charge for its long distance assets. It raised full-year guidance due to stronger performance and execution that has enhanced financial strength and flexibility.
