Cheap international calling cards Cheap card
Buy phone card
Best rates cards
Your account
1. Choose from and where you'll call
from to
2. Buy a phone card you selected
3. Get your PIN code on e-mail immediately
     

Qwest’s Strength in Broadband Drives Increase in Fourth-Quarter Profits


14/02/2008

America’s third-largest telecom provider, Qwest Communications International, reported an 89% leap in fourth-quarter profits on Tuesday, due to growth in high-speed internet subscribers, as well as a significant one-time tax gain.

Qwest generated profits of $366 million, or $0.20/share, for the three-month period ending on December 31, up from $194 million, or $0.10/share, in the fourth quarter of 2006. Excluding the $106 million income tax benefit, the company’s profits came in at $0.14/share, roughly in line with analysts’ expectations.

Revenue declined to $3.44 billion, from $3.49 billion a year earlier, mostly due to an ongoing decline in fixed-line telephone customers.

Profits were bolstered by the net addition of 95,000 high-speed internet customers, which caused broadband revenues to grow 8.7% from the same period last year.

Bank of America analyst, David Bardan, said that the growth in broadband customers was relatively in line with his target, despite the current economic slowdown. We see no signs yet of material business weakness that would dramatically alter the company’s cash-flow story, he commented.



 

Related News

 
BT Reports 28% Increase in Profits While Deutsche Telekom Flounders
10/11/2006
The United Kingdom`s former telecom monopoly, BT Group, reported an increase in fiscal second-quarter profits this week, thanks in part to its strategy of moving away from the shrinking fixed-line telephone market to focus more attention on broadband internet...
 
Cogeco Cable Posts Huge Increase in Revenue, Profits
11/07/2007
Canadian cable giant, Cogeco Cable, has announced a 56.3% increase in sales during its third quarter, with total revenues of $240.6 million. Net income increased to an even $20 million, or 53% higher than the same three-month period last year.Cogeco lost a net total of...
 
Shaw Communications Posts 38% Increase in Quarterly Profits
16/01/2008
Canada’s second biggest cable company, Shaw Communications, has profits of C$112.2 million ($0.26/share) for the fiscal quarter ending on November 30, up 38.3% from the same three-month period a year earlier.Shaw’s revenue increased 10.9% to C$743.8...
 
Shaw Communications Posts 10% Increase in Quarterly Profits
10/01/2009
Smartphones will continue to surge in popularity over the next few years, likely becoming the world’s primary internet connection platform by 2020, according to web analysts and business leaders surveyed by Elon University and the Pew Internet & American...
 

Best rates calling cards from:

Albania
Angola
Argentina
Armenia
Australia
Austria
Belarus
Belgium
Bermuda
Bolivia
Botswana
Brazil
Brunei
Bulgaria
Cambodia
Canada
Chile
China
Colombia
Costa Rica
Croatia
Cuba Guantanamo
Cyprus
Czech Rep.
Denmark
Dominica
Ecuador
Egypt
El Salvador
Estonia
Fiji Isl.
Finland
France
French Antilles
French Guiana
Georgia
Germany
Ghana
Gibraltar
Greece
Guadeloupe
Guam
Guatemala
Haiti
Hong Kong
Hungary
Iceland
India
Indonesia
Iraq
Ireland
Israel
Italy
Ivory Coast
Jamaica
Japan
Kazakhstan
Kenya
Korea South
Kuwait
Latvia
Liechtenstein
Lithuania
Luxembourg
Macao
Macedonia
Malawi
Malaysia
Malta
Mauritius
Mexico
Monaco
Nepal
Netherlands
New Zealand
Nicaragua
Nigeria
Norway
Oman
Pakistan
Palestine
Peru
Philippines
Poland
Portugal
Puerto Rico
Qatar
Romania
Russia
Saudi Arabia
Senegal
Serbia
Singapore
Slovakia
South Africa
Spain
Sri Lanka
Sudan
Suriname
Swaziland
Sweden
Switzerland
Syria
Taiwan
Tajikistan
Tanzania
Thailand
Turkey
Uganda
United Kingdom
Ukraine
Uruguay
Unated States
Uzbekistan
Vatican
Venezuela
Yemen
Zambia
Zimbabwe
Home | News | Legal | References | Help | Feedback | Account | Order card | Country codes | Best rates Copyright © 2008 CheapCard.org