Sprint's wireline revenue down, but wholesale VoIP going strong

While Sprint reported wireline revenues of $1.4 billion were down 10 percent year-over-year because of decreases in voice and legacy data services, the IXC's Internet revenues were up 5 percent due in part to increased wholesale VoIP service demand.

Sprint's third quarter Internet revenues were up 5 percent from the third quarter of 2008 and flat sequentially. Sprint claimed the year-over-year increase was from demand for its Global MPLS services as well as demand from cable operators in need of wholesale VoIP service. At the end of the third quarter, Sprint reported it is supporting 4.9 million users of their cable partners VoIP services. While traditional voice declined 14 percent, customers continued to migrate to IP-based services. 

For more:
- read the release here

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