The mammoth U.S. communications industry is a good place to be, especially for companies that are leaders in wireless or that have positioned themselves to profit from enterprises' exploding demand for bandwidth
The 50 biggest U.S. publicly traded communications companies grew 13% in the 12-month period ended March 31, 2008, surging past half a trillion dollars in revenue, according to an analysis by CIOZone. Profit at the biggest companies rose 19%, but only if the results of Sprint Nextel are excluded. Hurt by customer defections in the wake of its 2005 merger, Sprint Nextel took a huge write-off and posted a $29.6 billion
The mammoth U.S. communications industry is a good place to be, especially for companies that are leaders in wireless or that have positioned themselves to profit from enterprises' exploding demand for bandwidthThe 50 biggest U.S. publicly traded communications companies grew 13% in the 12-month period ended March 31, 2008, surging past half a trillion dollars in revenue, according to an analysis by CIOZone. Profit at the biggest companies rose 19%, but only if the results of Sprint Nextel are excluded. Hurt by customer defections in the wake of its 2005 merger, Sprint Nextel took a huge write-off and posted a $29.6 billion
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