United Telecom posted a $118.27-million loss for...
United Telecom posted a $118.27-million loss for the second quarter, compared to earnings of $56.24 million for the year-ago period. The Kansas City, Mo., company blamed the loss on a one-time charge representing a reduction in the value of US Sprint’s older transmission systems, an increase in a provision for uncollectible customer accounts and US Sprint’s operating losses.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
