Nextel Achieves 8 Millionth Subscriber
RESTON, Va., Sept. 7 /PRNewswire/ -- Nextel Communications, Inc. (Nasdaq:
NXTL) today announced that it has activated its 8 millionth domestic digital
subscriber unit, and affirmed its third quarter outlook. Additionally, Nextel
introduced a technology improvement which allows for a significant increase in
the cell site capacity on the iDEN network.
"Our visibility for Nextel's unique wireless services is improving," said Tim
Donahue, Nextel's president and CEO. "Domestic subscriber additions and
operating cash flow for the third quarter are currently on track to exceed
second quarter levels and we are currently pacing to exceed 500,000
subscriber additions. In order to serve this growing demand, we have taken
delivery of a new software release from Motorola which increases the maximum
base radio configuration of a cell site by 50%. This development will enable
Nextel to provide significantly greater calling capacity in high traffic areas.
Network deployment is scheduled to begin later this month."
corporate-ir.net
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With this additional capacity, I expect Nextel to seriously delay or drop plans for CDMA 1X.
Ron |
