Friday, April 27, 2007

Alltel 1st-qtr net profit falls, rev rises

(Reuters) - Profit from current business, excluding discontinued businesses and expenses related to amortization and other items, rose to $225.4 million, or 63 cents a share, from $168.57 million, or 43 cents a share.

Revenue rose to $2.08 billion from $1.84 billion from a year-ago. Alltel said year-ago revenues were adjusted to exclude the wireline business.


Read more at Reuters.com Market News

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