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Technology / AI and automation

US SPRINT TO MOVE INTO PROFIT IN EARLY 1989

GTE Corp looks for its US Sprint joint venture with United Telecommunications to move into profit in the last quarter of next year or in early 1989: pre-tax operating losses were $166m in the third quarter, down from $282m in the second quarter, and 80% of traffic now takes the fibre optic route; GTE Cellular with 10 franchises, will grow 30% this year, and should put on another 40% next, moving into profit.

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CBR Staff Writer

CBR Online legacy content.