Otelco lifts profit despite lower revenues in Q3

Thursday 8 November 2018 | 17:00 CET | News
US wireline services provider Otelco lifted its profit in the third quarter despite a decline in revenues and said it invested USD 2.4 million into its network and operations. It also improved its ratio of debt, net of cash, to consolidated EBITDA to 2.79.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Fixed
Companies: Otelco
Countries: United States
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Otelco revenues slip 3.7% to USD 16.2 mln in Q4

Published 05 Mar 2019 11:19 CET | United States
US wireline services provider Otelco said revenues slipped 3.7 percent from the year before in the fourth quarter to USD 16.2 ...

Peters joins Otelco as director of Sales

Published 05 Dec 2018 09:07 CET | United States
US wireline services provider Otelco named Tracy Peters as its new Sales director. In her new role, Peters will be responsible ...

Otelco confirms FCC grants, pays down debt

Published 20 Sep 2018 12:34 CET | United States
US operator Otelco announced that it's received USD 0.9 million in funding from the FCC's CAF II auction to upgrade broadband ...

Otelco Q2 revenues down 3% to USD 17 mln, operating profit improves

Published 14 Aug 2018 11:33 CET | United States
Otelco, a US wireline services provider, saw its revenue for the three months ended 30 June decline 3.0 percent to USD 16.9 ...

Calendar   /   Industry Events

23 Apr Millicom Q1 2019
23 Apr Snap Q1 2019
23 Apr Verizon Q1 2019
23 Apr Twitter Q1 2019
23 Apr China Unicom Q1 2019
24 Apr Brightcove Q1 2019
24 Apr Microsoft fiscal Q3
24 Apr Tele2 Q1 2019
24 Apr Line Q1 2019
24 Apr STMicroelectronics Q1 2019
24 Apr Facebook Q1 2019
24 Apr Orange Belgium Q1 2019
24 Apr Netgear Q1 2019
24 Apr F5 Networks fiscal Q2
24 Apr Grameenphone Q1 2019
24 Apr AT&T Q1 2019
25 Apr Juniper Networks Q1 2019
25 Apr Comcast Q1 2019
25 Apr Amazon Q1 2019
25 Apr Nokia Q1 2019
25 Apr DNA Q1 2019
25 Apr Rovio Q1 2019
25 Apr Digital Realty Q1 2019
25 Apr Verisign Q1 2019
25 Apr Netia Q1 2019
25 Apr Telia Q1 2019
25 Apr Customer Experience Management in Telecoms World Summit
25 Apr Blockchain Expo Global
25 Apr AI Expo Global
25 Apr IoT Tech Expo Global
::: More Calendar Items