Time Warner Telecom's losses narrow

Data provider Time Warner Telecom's first-quarter loss narrowed considerably on a jump in demand for data and internet services, an Associated Press report said.

For the quarter ended March 31, Time Warner posted a loss of €607,000 (US$944,000) compared with a loss of €8.8 million (US$13.8 million) for the same quarter in 2007, the report said.

The per share figures reflect an increase of about 2% in the number of outstanding shares year over year.

Revenue rose 8% to €182 million (US$282.6 million), up from €168 million US$261.4 million) a year ago.

Revenue from data and internet services increased 33% to €59.7 million (US$92.8 million) as a result of higher Ethernet and IP-based product sales.

Suggested Articles

Wireless operators can provide 5G services with spectrum bands both above and below 6 GHz—but that doesn't mean that all countries will let them.

Here are the stories we’re tracking today.

The 5G Mobile Network Architecture research project will implement two 5G use cases in real-world test beds.