Article: American Telecasting revenue down.(Brief Article)

American Telecasting Inc., the struggling wireless cable operator, expects revenue to decline even further this year and predicts that EBITDA (earnings before interest, taxes, depreciation and amortization) will run into negative territory. The disclosure came with American Telecasting's announcement of 1997 financial results. The company reported a net loss of $52.5 million, or $2.06 per share, and EBITDA of $971,000, on revenue of $59 million, down 4.8%. The net loss narrowed ...

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