Ubiquitel Loss Is Narrower than Forecast

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UbiquiTel

(UPCS)

said its third-quarter loss widened from the second quarter but was slightly narrower than analysts had forecast.

On a pro forma basis, the Conshohocken, Pa.,-based digital wireless provider said it lost $29.6 million, or 39 cents a share, in the latest quarter, compared with $24.1 million, or 38 cents a share, in the previous period. Analysts had been expecting a loss of 40 cents. Revenues were $30.7 million,

The company said its average monthly revenue per user rose to $61 in the third quarter from $56 in the second quarter.