US Cellular reports sales growth

3 Mar 2008

US Cellular has reported fourth quarter service revenues of USD957.9 million, up 15.2% year-on-year. Total operating revenues increased 13.5% to USD1.02 billion, while operating income fell 0.6% to USD63.3 million and net income dropped to USD29.2 million from USD54.1 million previously. Operating revenues for the full year were up 13.6% at USD3.95 billion, while net income rose from USD179.5 million to USD314.7 million. The firm claimed 6.12 million subscribers at the end of December, up from 5.81 million twelve months earlier. It intends to continue its focus on the post-paid sector in 2008.

United States, US Cellular Corporation