Internet and data boost tw telecom

11 Feb 2009

US business services provider tw telecom (formerly Time Warner Telecom) has reported a 7% increase in revenues for 2008 to USD1.16 billion. Net income stood at USD8.5 million for the year, reversing the loss of USD40.2 million for 2007, while modified EBITDA grew 18% to USD399 million. The firm said sales of voice services declined 2% though its internet and data business climbed 26%. tw telecom served 29,672 enterprise users at end-2008, down from 31,638 a year earlier.

United States