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Embarq 2Q Profit Falls on Spinoff Costs
(old news - 09:45PM Thursday Jul 27 2006)
By DAVID TWIDDY AP Business Writer
© 2006 The Associated Press

KANSAS CITY, Mo. — In its first report as an independent company, Embarq Corp. said Thursday costs of its split from Sprint Nextel Corp. hurt second-quarter profits.

But the nation's fifth-largest telecommunications provider also said it saw healthy growth in the number of homes and businesses getting high-speed Internet service, and ultimately thrashed Wall Street expectations.

Continues @ Chron

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