Hawaii no paradise for struggling telco - FierceTelecom

Hawaiian Telecom is one of the oldest ILECs in the United States and the largest telco in Hawaii. It's also more accustomed to losing money than Bear Stearns. The company, which Verizon sold to Carlyle Group in 2005, this week reported another lackluster quarter (if you can call losing $30.5 million simply lackluster). Since being purchased for $1.6 billion, Hawaiian Telecom has lost some $201 million and has reported just three profitable quarters.

Hawaii no paradise for struggling telco - FierceTelecom