TW Telecom reported a 7% increase in revenue for 2008. Other facts:
- $1.15 Billion in revenue in 2008.
- net income of $8.5 million in 2008
- ending the year with $352M in cash and equivalents
- churn was 1.3 percent in Q408 [fiercevoip]
The economy has resulted in customer disconnects and repricing of contracts for everyone.
Capacity magazine stated that "TW Telecom served 29,672 enterprise users at the end of 2008, down from 31,638 a year earlier." What is an enterprise user? Do they mean 29,672 customers or sites or what? No idea. TWT does have 11,000 lit buildings - that's number 1 in the US for non-RBOC companies.
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