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Home - Nextlink grows revenues 132 perªcent
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Nextlink grows revenues 132 perªcent

by Reily Gregson July 31, 2000
written by Reily Gregson July 31, 2000 Share
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MCLEAN, Va.-Nextlink Communications Inc. reported revenues for the second quarter ended June 30 of $140.6 million, a 132-percent increase from the revenues reported for the same period last year.

The company’s earnings before interest, taxes, depreciation and amortization totaled $68.6 million for the quarter, compared with a loss of $51.8 million recorded for second-quarter 1999. Nextlink also said it added 106,023 access lines, bringing the total installed base to 627,162 as of June 30.

In related news, Nextlink announced its broadband wireless service is available in Chicago, Philadelphia, Newark, N.J., Los Angeles and Dallas. The company expects to have service available by the end of the third quarter in Boston, St. Louis, Washington, D.C., Cleveland, Sacramento, Seattle and Memphis.

Nextlink also said it began testing consecutive point broadband wireless technology in Boston and Dallas. This technology, if successfully deployed, would allow Nextlink to build fiber-like wireless sub-rings within the 20-40 square-mile area that comprises the local network in most of its major metropolitan markets in much less time and at a smaller cost than actual fiber sub-rings.

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