ITC's numbers

ITC^Deltacom reported "For the quarter ended December 31, 2005, ITC^DeltaCom reported total operating revenues of $120.5 million, a net loss of $32.0 million.... For the full 2005 fiscal year, ITC^DeltaCom reported total operating revenues of $520.4 million, a net loss of $50.8 million."

• "2005 financial results were negatively affected by anumber of challenges," said Richard E. Fish, EVP/CFO.
• "They included churn and price deflation in our LD business,
• continuing price deflation in our wholesale business, and
• low sales productivity and
• high customer churn in our integrated communications services ...
• Refinanced its secured indebtedness raising $239M from an investor group led by Tennenbaum Capital Partners, LLC
• They were smart to leave Resi voice & sell colo center
• tick-tock goes the death watch clock