(Reuters) - Sprint Nextel Corp on Thursday reported fourth quarter an full-year 2008 results. Highlights:
* Q4 loss per share $0.57
* Q4 revenue fell 4 percent to $8.4 billion
* Says closed clearwire transaction during the quarter
* Qtrly wireless post-paid churn was 2.16%
* Says boost churn in the fourth quarter was 8.20%,
* Says wireless service revenues for the quarter of $6.6 billion declined 13%
* Says wireless post-paid arpu in the quarter was stable sequentially at $56
* Says prepaid arpu in the quarter was approximately $30
* Says expects that both post-paid and total subscriber losses will improve in
2009
* Says company expects full-year capital expenditures in 2009 to be consistent
with 2008 levels
* Says expects to continue to generate positive free cash flow* during 2009.
* Says recorded a non-cash goodwill impairment charge of approximately $1
billion in the quarter
* Q4 adjusted loss per share $0.01
* Reuters Estimates Q4 earnings per share view $-0.03, revenue view $8,537.35
million
