WESTBOROUGH, Mass.-Paging and messaging carrier Arch Wireless Inc. reported a net loss for its fourth quarter of $8.3 million, down from its net loss of $191 million in the same quarter last year.
Consolidated revenues for the fourth quarter totaled $182 million, a decline from the $251 million in the fourth quarter of 2001.
Arch reported a net decline of 503,000 messaging units in service during its fourth quarter, with a total of 5.6 million.
“Fourth-quarter operating results were consistent with our expectations,” said C. Edward Baker, the carrier’s chairman and chief executive officer. “Clearly, the paging and wireless messaging industry continues to face both competitive and economic pressures. However, we also made steady progress during the quarter to reduce operating expenses and help offset lower revenues.”
Separately, paging and messaging carrier WebLink Wireless announced a new service that allows its two-way messaging customers to send messages to mobile-phone users. Two-way users can type in a mobile-phone number followed by the celltext.net address to send a message, and mobile-phone users can type the 10-digit number of two-way pager users to send messages.
