Tuesday, June 2, 2009

HawTel narrows its loss - Hawaii Business - Starbulletin.com

For April the company recorded a net loss of $6.1 million, down from $15 million in March, due mostly to the court's approval of an extension of its contract with consulting firm Accenture under new terms. In February, Hawaiian Telcom posted an $8.3 million loss.

Operating revenue remained relatively flat between March and April, ending at $34.5 million in April. Hawaiian Telcom continues to owe $2.4 million in interest income from loans that are still outstanding.
HawTel narrows its loss - Hawaii Business - Starbulletin.com
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