VoiceStream net loss plunged to $807 million for quarter ended De...
VoiceStream net loss plunged to $807 million for quarter ended Dec. 31 from $151.7 million loss year ago. For year, loss was $2.1 billion. VoiceStream, which is awaiting final regulatory approvals for proposed merger with Deutsche Telekom, had revenue…
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of $649.9 million in quarter, up from $163.8 million year earlier and $1.9 billion in year. Carrier added 602,000 subscribers in quarter. Separately, VoiceStream outlined terms of agreement with AOL to offer high-speed wireless Internet and text messaging services, terms not disclosed. AOL subscribers, AOL instant messenger users and VoiceStream customers will have access to instant messaging services. AOL instant messenger service will be available across wireless Internet devices and through 2-way short messaging services. VoiceStream said it was first GSM wireless operator in N. America to carry AOL’s instant messenger offering.