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November 7, 2012 12:59 pm EDT

US Cellular takes hit on LTE devices, sees profits nearly halve in Q3 2012

US Cellular takes hit on LTE devices, sees profits nearly halve in Q3 2012

US Cellular's latest figures show that the network saw its revenues remaining constant, but net profits nearly halve compared to the same period in the previous year. It coined $35.5 million in 2012 Q3, down from $62.1 million in 2011, yet profits remained stable as it made $1.04 billion both times.

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US Cellular takes hit on LTE devices, sees profits nearly halve in Q3 2012 originally appeared on Engadget on Wed, 07 Nov 2012 07:59:00 EDT. Please see our terms for use of feeds.

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Original Link: http://www.engadget.com/2012/11/07/us-cellular-q3-2012/

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Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics. Engadget was launched in March of 2004 in partnership with the Weblogs, Inc. Network (WI

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