Nextel reported operating revenue of $5.7 billion in 2000, up 50%...
Nextel reported operating revenue of $5.7 billion in 2000, up 50% from 1999, with loss attributable to common stockholders narrowing to $1.02 billion from $1.5 billion. Nextel said it now has 7.63 million global subscribers, including its shares in…
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subsidiaries and ventures. In U.S., Nextel added 2 million subscribers for year, up 48%. In 2001, carrier said it expects domestic revenue to top $7 billion and cash flow growth of 50-65%. Separately, Nextel said Chmn. Daniel Akerson, who also is CEO of XO Communications, was stepping down but would remain as nonexecutive chairman of Nextel International. William Conway, founding partner of private merchant bank Carlyle Group, is new Nextel chairman.