RESTON, Va.-Nextel Communications Inc. has been named to the BusinessWeek 50, which lists the top-performing companies of the Standard & Poor’s 500, the carrier said Thursday. Nextel ranked 9th on the list.
Nextel, which ranked 87th in last year’s poll, cited its push-to-talk service as well as an average per-subscriber revenue of $68 per month for the jump in ranking. BusinessWeek’s performance measurement model evaluates 10 criteria of S&P companies, examining both 12-month and three-year sales and earnings growth.
