NEW YORK-SkyTel Communications Inc. said declining investments per subscriber and strong cash flow has put it in position to show positive net income figures by the fourth quarter.
Net loss for the second quarter was $15.2 million, or 27 cents a share, on revenues of $126.1 million. The company said it expects to add another 100,000 to 150,000 subscribers-mostly high-revenue advanced services users-in the third quarter, while capital expenditures and investment per subscriber will fall.
