Evaluating Financial Performance of GTE Current event article from “Financial World” reflecting the use of financial ratios to assess the operating health of GTE telephone company GTE, known for years as poorly run company GTE through some well-timed transformation has become one of the leading, profitable and largest local telephone company with combined wireline and wireless operations reaching about a third of U.S. population. Since 1992, GTE offers telephone service across all states in U.S. As a result its revenue tripled to $21 billion. Moreover its transition from local telephone carrier to long distance carrier in few states will increase the revenue of the company. The article refers certain key ratios comparing the operating health of GTE with its competitors. The company launched a major restruc....

Number Of Pages: 2

Number Of Words: 368

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