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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: michael97123 who wrote (51662)	9/7/2001 9:26:07 AM
From: michael97123	Read Replies (1) \| Respond to of 70976

Nextel affirms third-quarter outlook RESTON, Va., Sept 7 (Reuters) - Nextel Communications Inc. (NasdaqNM:NXTL - news), the nation's fifth-largest wireless telephone operator, said on Friday domestic subscriber additions and operating cash flow for the third quarter are on track to exceed second-quarter results. Reston, Virginia-based Reston said it expects to add more than 500,000 subscribers in the third quarter and has activated its 8 millionth domestic digital subscriber. The company also said it is installing new software from Motorola Inc. (NYSE:MOT - news) that will enable Nextel to provide significantly greater calling capacity in high traffic areas. On Thursday, credit rating agency Standard & Poor's revised Nextel's outlook to negative from stable while reaffirming its single-B senior unsecured debt rating. Shares of Nextel closed at $10.04 on Nasdaq on Thursday.