Hawaiian Telcom Holdco, Inc. (Nasdaq:HCOM) reported financial
results for its third quarter ended September 30, 2012. The
highlights and other recent developments are as follows:
- Revenue totaled $96.6 million, resulting in Adjusted EBITDA(1)
of $30.9 million, consistent with the same period a year ago.
- Generated net income of $5.6 million, or $0.52 per diluted
share for the quarter, recording its eighth consecutive quarter of
profitability.
- Consumer revenues increased sequentially for the second
consecutive quarter to $34.5 million, driven by a 48 percent
increase in video revenue.
- Business revenues increased 1 percent year-over-year to $41.6
million driven by a 6.3 percent increase in business high-speed
Internet (HSI) subscribers as well as higher equipment sales.
- Hawaiian Telcom TV subscriber penetration increased to over 14
percent of the approximately 59,400 households enabled, up from
over 12 percent of the approximately 50,100 households enabled at
the end of the second quarter.
- HSI subscribers increased 3.8 percent year-over-year to
105,800, driven by consumer and business bundle offers.
"Our quarterly results continue to show positive momentum in our
key next-generation services," said Eric K. Yeaman, Hawaiian
Telcom's president and CEO. "The success of Hawaiian Telcom TV
continues to be a strong catalyst driving our second consecutive
quarter of sequential growth in consumer revenues. We expanded the
number of video subscribers by 33 percent in the quarter,
increasing the penetration of homes enabled to more than 14
percent, and further enhanced our product offering by introducing
new premium content as well as innovative features like TV
Everywhere."
"In the business markets, our IP-based services continue to grow
as we transition from legacy products to next-generation services
like switched Ethernet, IP-VPN and dedicated Internet access, which
now make up over 50 percent of business data revenues. In our
wholesale business, we continued our deployment of fiber facilities
to enable 4G capabilities to wireless cell sites and now have 220
sites completed, and we are starting to upgrade certain of the
earlier sites to higher bandwidth circuits driven by the increased
demand for network capacity from certain wireless carriers.
"Our results reflect continued progress in executing our
strategic plan and we remain focused on further improving
performance in our key areas of growth to drive long-term
shareholder value," concluded Yeaman.
Third Quarter 2012 Results
Third quarter revenue was $96.6 million, compared to $97.0
million in the third quarter of 2011. Revenue growth in the
quarter, driven by video, HSI and higher levels of equipment sales,
was offset by a 5.6 percent decline in access lines. Adjusted
EBITDA was $30.9 million, consistent with the same period a year
ago. The Company generated net income of $5.6 million, or $0.52 per
diluted share for the quarter, down from $7.4 million or $0.68 per
diluted share in the third quarter of 2011, primarily due to a $1
million increase in depreciation and amortization due to
significant investments made to its broadband network.
Business Revenue
Third quarter business revenue totaled $41.6 million, up 1.3
percent from the same period a year ago, primarily due to a $1.6
million year-over-year increase in equipment and managed services
revenue, mostly related to the sale and installation of a $2.6
million integrated communication solution to a large Hawaii-based
private school. Also contributing to the increase was higher
business HSI revenue as a result of a 6.3 percent year-over-year
increase in business HSI subscribers to approximately 18,300. These
increases were partially offset by a decline in voice revenue
related to the 2.1 percent and 1.8 percent year-over-year secular
decline in business access and long distance lines,
respectively.
Consumer Revenue
Third quarter consumer revenue totaled $34.5 million, up from
$34.4 million in the second quarter of 2012, and flat compared to
the third quarter of 2011, as revenue growth from the Company's
Hawaiian Telcom TV service continues to mitigate the impact of
access lines losses and positions Hawaiian Telcom TV to drive
overall revenue growth.
Video service revenue grew to $1.5 million for the quarter, up
from $1 million in the second quarter of 2012 driven by a 33
percent sequential increase in the number of subscribers in the
quarter to approximately 8,400. For the quarter, approximately
9,300 additional homes were enabled, increasing the number of homes
enabled to approximately 59,400, resulting in subscriber
penetration of over 14 percent, up from over 12 percent at the end
of the second quarter.
Consumer HSI revenue was also up for the quarter led by a 3.5
percent year-over-year increase in consumer HSI subscribers to
approximately 86,600, which was primarily driven by high HSI pull
through rates for new video subscribers. As of September 30,
2012, approximately 55 percent of total video subscribers have a
triple-play and 92 percent have a double-play. Increases
driven by next-generation consumer video and HSI services were
offset by the decline in legacy consumer access and long distance
lines of 8.5 percent and 7.5 percent, respectively.
Wholesale Revenue
Third quarter wholesale revenue totaled $17.6 million, down 2.1
percent from the same period a year ago. Wholesale carrier
data revenue increased 1 percent year-over-year to $15.7 million,
due to growth from Ethernet circuits provisioned over the new fiber
builds and upgrades to certain existing Ethernet circuits, as well
as a decline in the number of legacy circuit
disconnects. Switched carrier access revenue declined 8.1
percent year-over-year to $2.2 million, largely attributable to the
overall decline in access lines and minutes of use, as well as the
impact of intercarrier compensation reform.
Operating Expenses, Capital Expenditures and
Liquidity
Operating expenses, exclusive of depreciation and amortization
and one-time charges, decreased 1 percent to $66.3 million,
primarily due to a decline in wages and employee benefit costs on
lower headcount and lower costs related to various IT contracts,
mostly offset by increased direct cost of goods related to video
and higher levels of equipment sales.
Capital expenditures totaled $61.0 million for the nine-months
ended September 30, 2012, up from $55.2 million for the nine-month
period a year ago, due primarily to investments in broadband
network infrastructure and expansion of video enabled households.
Overall, total capital expenditures for 2012 are expected to
be consistent with 2011 levels.
At the end of third quarter 2012, the Company had $65.4 million
in cash and cash equivalents compared to $82.1 million at the end
of 2011. The reduction is primarily related to $14.7 million
of costs associated with the refinancing of the Company's $300
million term loan in February 2012, temporary uses of working
capital and higher capital expenditures. Net Debt(2) was
$230.6 million, resulting in a Net Debt to Adjusted EBITDA ratio as
of September 30, 2012 of 1.95x.
Conference Call
The Company will host a conference call to discuss its third
quarter 2012 results at 9:00 a.m. (Hawaii Time), or 2:00 p.m.
(Eastern Time), on Thursday, November 8, 2012.
To access the call, participants should dial (866) 543-6411
(US/Canada), or (617) 213-8900 (International), ten minutes prior
to the start of the call and enter passcode 12958019.
A live webcast of the conference call, including a slide
presentation, will be available from the Investor Relations section
of the Company's website at http://hawaiiantel.com. The
webcast will be archived at the same location.
A telephonic replay of the conference call will be available one
hour after the conclusion of the call until 11:59 p.m. (Eastern
Time) November 15, 2012. Access the replay by dialing (888)
286-8010 and entering passcode 35772697. Alternatively, the
replay can be accessed by dialing (617) 801-6888 and entering
passcode 35772697.
Use of Non-GAAP Financial Measures
This press release contains information about adjusted earnings
before interest, taxes, depreciation and amortization (Adjusted
EBITDA) and Net Debt. These are non-GAAP financial measures used by
Hawaiian Telcom management when evaluating results of operations.
Management believes these measures also provide users of the
financial statements with additional and useful comparisons of
current results of operations with past and future periods.
Non-GAAP financial measures should not be construed as being more
important than comparable GAAP measures. Detailed reconciliations
of Adjusted EBITDA and Net Debt to comparable GAAP financial
measures have been included in the tables distributed with this
release and are available in the Investor Relations section of
www.hawaiiantel.com.
Forward-Looking Statements
In addition to historical information, this release includes
certain statements and predictions that constitute forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. In particular, any statement, projection
or estimate that includes or references the words "believes",
"anticipates", "intends", "expected", or any similar expression
falls within the safe harbor of forward-looking statements
contained in the Reform Act. Actual results or outcomes may
differ materially from those indicated or suggested by any such
forward-looking statement for a variety of reasons, including, but
not limited to, Hawaiian Telcom's ability to maintain its market
position in communications services, including wireless, wireline
and Internet services; general economic trends affecting the
purchase or supply of communication services; world and national
events that may affect the ability to provide services; changes in
the regulatory environment; any rulings, orders or decrees that may
be issued by any court or arbitrator; restrictions imposed under
various credit facilities; work stoppages caused by labor disputes;
adjustments resulting from year-end audit procedures; Hawaiian
Telcom's ability to develop and launch new products and services,
including video services; and risks relating to the proposed
Wavecom acquisition. More information on potential risks and
uncertainties is available in recent filings with the Securities
and Exchange Commission, including Hawaiian Telcom's 2011 Annual
Report on Form 10-K. The information contained in this release is
as of November 8, 2012. It is possible that subsequent events and
developments may cause estimates to change.
About Hawaiian Telcom
Hawaiian Telcom Holdco, Inc. (Nasdaq:HCOM), headquartered in
Honolulu, is Hawaii's leading provider of integrated communications
solutions for business and residential customers. With roots in
Hawaii beginning in 1883, the Company offers a full range of
services including voice, video, Internet, data, wireless, and
advanced communication and network services supported by the reach
and reliability of its network and Hawaii's only 24/7
state-of-the-art network operations center. With employees
statewide sharing a commitment to innovation and a passion for
delivering superior service, Hawaiian Telcom provides an Always
OnSM customer experience. For more information, visit
www.hawaiiantel.com.
The Hawaiian Telcom Holdco, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=10087
(1) Adjusted EBITDA is EBITDA plus
non-recurring costs not expected to occur regularly in the ordinary
course of business. EBITDA is defined as net income plus
interest expense (net of interest income and other), income taxes,
depreciation and amortization, and non-cash stock
compensation. The Company believes both of these non-GAAP
measures, Adjusted EBITDA and EBITDA, are meaningful performance
measures for investors because they are used by our Board and
management to evaluate performance, enhance comparability between
periods and make operating decisions. Our use of Adjusted
EBITDA and EBITDA may not be comparable to similarly titled
measures used by other companies in the telecommunications
industry. A detailed reconciliation of Adjusted EBITDA to
comparable GAAP financial measures has been included in the tables
distributed with this release. (2) Net Debt
provides a useful measure of liquidity and financial health. The
Company defines Net Debt as the sum of the face amount of
short-term and long-term debt and unamortized premium and/or
discount, offset by cash and cash equivalents. A detailed
reconciliation of Net Debt has been included in the tables
distributed with this release.
Hawaiian Telcom Holdco,
Inc. |
Consolidated Statements
of Operations |
(Unaudited, dollars in
thousands, except per share amounts) |
|
|
|
|
Three Months
Ended |
Nine Months
Ended |
|
September
30, |
September
30, |
|
2012 |
2011 |
2012 |
2011 |
|
|
|
|
|
Operating revenues |
$ 96,647 |
$ 97,040 |
$ 288,910 |
$ 296,290 |
|
|
|
|
|
Operating expenses: |
|
|
|
|
Cost of revenues (exclusive of
depreciation and amortization) |
41,176 |
39,055 |
121,407 |
121,585 |
Selling, general and
administrative |
26,547 |
28,066 |
82,567 |
88,584 |
Depreciation and amortization |
18,023 |
17,086 |
51,965 |
47,603 |
|
|
|
|
|
Total operating expenses |
85,746 |
84,207 |
255,939 |
257,772 |
|
|
|
|
|
Operating income |
10,901 |
12,833 |
32,971 |
38,518 |
|
|
|
|
|
Other income (expense): |
|
|
|
|
Interest expense |
(5,490) |
(6,364) |
(16,890) |
(18,858) |
Loss on early extinguishment of
debt |
-- |
-- |
(5,112) |
-- |
Interest income and other |
10 |
21 |
28 |
51 |
|
|
|
|
|
Total other expense |
(5,480) |
(6,343) |
(21,974) |
(18,807) |
|
|
|
|
Income before reorganization items
and income tax benefit |
5,421 |
6,490 |
10,997 |
19,711 |
|
|
|
|
|
Reorganization items |
-- |
(70) |
-- |
880 |
|
|
|
|
|
Income before income tax benefit |
5,421 |
6,560 |
10,997 |
18,831 |
|
|
|
|
|
Income tax benefit |
(194) |
(813) |
(346) |
(813) |
|
|
|
|
|
Net income |
$ 5,615 |
$ 7,373 |
$ 11,343 |
$ 19,644 |
|
|
|
|
|
Net income per common share
- |
|
|
|
Basic |
$ 0.55 |
$ 0.73 |
$ 1.11 |
$ 1.94 |
Diluted |
$ 0.52 |
$ 0.68 |
$ 1.06 |
$ 1.80 |
|
|
|
Weighted average shares used to compute net
income per common share - |
|
|
|
Basic |
10,246,335 |
10,138,795 |
10,230,719 |
10,138,358 |
Diluted |
10,708,454 |
10,775,318 |
10,658,517 |
10,921,717 |
|
|
Hawaiian Telcom Holdco,
Inc. |
Consolidated Balance
Sheets |
(Unaudited, dollars in
thousands, except per share amounts) |
|
|
September 30, |
December 31, |
|
2012 |
2011 |
|
|
|
Assets |
|
|
|
|
|
Current assets |
|
|
Cash and cash equivalents |
$ 65,409 |
$ 82,063 |
Receivables, net |
36,738 |
37,712 |
Material and supplies |
10,343 |
8,190 |
Prepaid expenses |
5,331 |
4,107 |
Other current assets |
3,503 |
2,127 |
Total current assets |
121,324 |
134,199 |
Property, plant and equipment, net |
491,863 |
482,371 |
Intangible assets, net |
38,698 |
40,745 |
Other assets |
9,379 |
4,457 |
|
|
|
Total assets |
$ 661,264 |
$ 661,772 |
|
|
|
Liabilities and
Stockholders' Equity |
|
|
|
|
Current liabilities |
|
|
Current portion of long-term
debt |
$ 3,000 |
$ 2,600 |
Accounts payable |
30,340 |
24,785 |
Accrued expenses |
18,414 |
23,811 |
Advance billings and customer
deposits |
15,652 |
14,672 |
Other current liabilities |
3,945 |
3,649 |
Total current liabilities |
71,351 |
69,517 |
Long-term debt |
292,959 |
297,400 |
Employee benefit obligations |
110,779 |
155,428 |
Other liabilities |
3,700 |
3,231 |
Total liabilities |
478,789 |
525,576 |
|
|
|
Commitments and contingencies
(Note 12) |
|
|
|
|
Stockholders' equity |
|
|
Common stock, par value of $0.01 per
share, 245,000,000 shares authorized and 10,246,635 and
10,190,526 shares issued and outstanding at September 30, 2012 and
December 31, 2011, respectively |
102 |
102 |
Additional paid-in capital |
165,618 |
164,328 |
Accumulated other comprehensive
loss |
(23,872) |
(57,518) |
Retained earnings |
40,627 |
29,284 |
Total stockholders' equity |
182,475 |
136,196 |
|
|
|
Total liabilities and stockholders'
equity |
$ 661,264 |
$ 661,772 |
|
Hawaiian Telcom Holdco,
Inc. |
Consolidated Statements
of Cash Flows |
(Unaudited, dollars in
thousands) |
|
|
Nine Months
Ended |
|
September
30, |
|
2012 |
2011 |
|
|
|
Cash flows from operating
activities: |
|
|
Net income |
$ 11,343 |
$ 19,644 |
Adjustments to reconcile net income to net
cash provided by operating activities |
|
|
Depreciation and amortization |
51,965 |
47,603 |
Loss on early extinguishment of
debt |
5,112 |
-- |
Employee retirement benefits |
(11,001) |
(7,846) |
Provision for uncollectibles |
2,526 |
1,507 |
Reorganization items |
-- |
880 |
Stock based compensation |
1,343 |
1,489 |
Changes in operating assets and
liabilities: |
|
|
Receivables |
(1,552) |
1,884 |
Material and supplies |
(2,153) |
(103) |
Prepaid expenses and other current
assets |
(2,600) |
3,491 |
Accounts payable and accrued
expenses |
1,768 |
(8,960) |
Advance billings and customer
deposits |
980 |
(858) |
Other current liabilities |
296 |
974 |
Other |
1,021 |
(1,059) |
Net cash provided by operating activities
before reorganization items |
59,048 |
58,646 |
Operating cash flows used by reorganization
items |
-- |
(2,222) |
Net cash provided by operating
activities |
59,048 |
56,424 |
|
|
|
Cash flows from investing
activities: |
|
|
Capital expenditures |
(61,019) |
(55,156) |
Net cash used in investing
activities |
(61,019) |
(55,156) |
|
|
|
Cash flows from financing
activities: |
|
|
Repayment of debt including
premium |
(306,000) |
-- |
Proceeds from borrowing |
295,500 |
-- |
Loan refinancing costs |
(4,130) |
-- |
Taxes paid related to net share settlement of
equity awards |
(53) |
-- |
Proceeds from sale of common stock |
-- |
50 |
Repayments of capital lease |
-- |
(582) |
Net cash used in financing
activities |
(14,683) |
(532) |
|
|
|
Net change in cash and cash
equivalents |
(16,654) |
736 |
Cash and cash equivalents, beginning of
period |
82,063 |
81,647 |
|
|
|
Cash and cash equivalents, end of
period |
$ 65,409 |
$ 82,383 |
|
|
|
Supplemental disclosure of cash flow
information: |
|
|
Interest paid, net of amounts
capitalized |
$ 17,054 |
$ 18,858 |
Non-cash investing activities - receipt
of equipment for settlement of receivable for capital
lease |
-- |
2,250 |
|
Hawaiian Telcom Holdco,
Inc. |
Quarterly Revenue by
Category and Channel |
(Unaudited, dollars in
thousands) |
|
|
|
|
|
For Three Months |
|
|
|
|
|
|
|
|
|
|
Three Months
Ended |
|
|
|
September
30, |
Change |
|
2012 |
2011 |
Amount |
Percentage |
|
|
|
|
|
Wireline Services |
|
|
|
|
Local voice services |
$ 35,257 |
$ 36,902 |
$ (1,645) |
-4.5% |
Network access services |
|
|
|
|
Business data |
4,600 |
4,700 |
(100) |
-2.1% |
Wholesale carrier data |
15,676 |
15,586 |
90 |
0.6% |
Subscriber line access charge |
9,619 |
9,802 |
(183) |
-1.9% |
Switched carrier access |
2,226 |
2,423 |
(197) |
-8.1% |
|
32,121 |
32,511 |
(390) |
-1.2% |
Long distance services |
6,735 |
7,777 |
(1,042) |
-13.4% |
High-Speed Internet |
9,013 |
8,920 |
93 |
1.0% |
Video |
1,528 |
67 |
1,461 |
NA |
Equipment and managed services |
8,715 |
7,114 |
1,601 |
22.5% |
Other |
2,472 |
2,679 |
(207) |
-7.7% |
|
95,841 |
95,970 |
(129) |
-0.1% |
Wireless |
806 |
1,070 |
(264) |
-24.7% |
|
$ 96,647 |
$ 97,040 |
$ (393) |
-0.4% |
|
|
|
|
|
Channel |
|
|
|
|
Business |
$ 41,618 |
$ 41,072 |
$ 546 |
1.3% |
Consumer |
34,486 |
34,210 |
276 |
0.8% |
Wholesale |
17,634 |
18,009 |
(375) |
-2.1% |
Other |
2,909 |
3,749 |
(840) |
-22.4% |
|
$ 96,647 |
$ 97,040 |
$ (393) |
-0.4% |
|
|
|
|
|
For Nine Months |
|
|
|
|
|
|
|
|
|
|
Nine Months
Ended |
|
|
|
September
30, |
Change |
|
2012 |
2011 |
Amount |
Percentage |
|
|
|
|
|
Wireline Services |
|
|
|
|
Local voice services |
$ 106,684 |
$ 110,980 |
$ (4,296) |
-3.9% |
Network access services |
|
|
|
|
Business data |
14,152 |
13,626 |
526 |
3.9% |
Wholesale carrier data |
47,310 |
48,265 |
(955) |
-2.0% |
Subscriber line access charge |
29,211 |
30,065 |
(854) |
-2.8% |
Switched carrier access |
6,861 |
7,464 |
(603) |
-8.1% |
|
97,534 |
99,420 |
(1,886) |
-1.9% |
Long distance services |
21,342 |
24,428 |
(3,086) |
-12.6% |
High-Speed Internet |
26,948 |
26,466 |
482 |
1.8% |
Video |
3,060 |
67 |
2,993 |
NA |
Equipment and managed services |
23,604 |
23,700 |
(96) |
-0.4% |
Other |
7,168 |
7,953 |
(785) |
-9.9% |
|
286,340 |
293,014 |
(6,674) |
-2.3% |
Wireless |
2,570 |
3,276 |
(706) |
-21.6% |
|
$ 288,910 |
$ 296,290 |
$ (7,380) |
-2.5% |
|
|
|
|
|
Channel |
|
|
|
|
Business |
$ 123,481 |
$ 125,413 |
$ (1,932) |
-1.5% |
Consumer |
102,778 |
103,919 |
(1,141) |
-1.1% |
Wholesale |
53,903 |
55,729 |
(1,826) |
-3.3% |
Other |
8,748 |
11,229 |
(2,481) |
-22.1% |
|
$ 288,910 |
$ 296,290 |
$ (7,380) |
-2.5% |
|
|
Hawaiian Telcom Holdco,
Inc. |
Schedule of Quarterly
Adjusted EBITDA Calculation |
(Unaudited, dollars in
thousands) |
|
|
Three Months
Ended |
Nine Months
Ended |
|
September
30, |
September
30, |
|
2012 |
2011 |
2012 |
2011 |
|
|
|
|
|
Net income |
$ 5,615 |
$ 7,373 |
$ 11,343 |
$ 19,644 |
Income tax benefit |
(194) |
(813) |
(346) |
(813) |
Interest expense and other income and
expense, net |
5,480 |
6,343 |
21,974 |
18,807 |
Reorganization items |
-- |
(70) |
-- |
880 |
Depreciation and amortization |
18,023 |
17,086 |
51,965 |
47,603 |
Non-cash stock compensation |
503 |
517 |
1,343 |
1,489 |
EBITDA |
29,427 |
30,436 |
86,279 |
87,610 |
Non-recurring costs |
694 |
456 |
1,655 |
1,504 |
Severance and lease termination
costs |
752 |
-- |
752 |
2,200 |
|
|
|
|
|
Adjusted EBITDA |
$ 30,873 |
$ 30,892 |
$ 88,686 |
$ 91,314 |
|
|
Hawaiian Telcom Holdco,
Inc. |
Net Debt to LTM
Adjusted EBITDA Ratio |
(Unaudited, dollars in
thousands) |
|
Long-term debt as of September 30,
2012 |
$ 295,959 |
Less cash on hand |
(65,409) |
Total Net Debt as of September 30,
2012 |
$ 230,550 |
|
|
LTM Adjusted EBITDA as of September 30,
2012 |
$ 118,443 |
|
|
Total Net Debt to Adjusted EBITDA |
1.95x |
|
Hawaiian Telcom Holdco,
Inc. |
Volume
Information |
(Unaudited) |
|
|
|
September 2012 compared to September
2011 |
|
|
|
|
|
|
September 30, |
September 30, |
Change |
|
2012 |
2011 |
Number |
Percentage |
|
|
|
|
|
Voice access lines |
|
|
|
|
Residential |
207,732 |
227,064 |
(19,332) |
-8.5% |
Business |
185,849 |
189,927 |
(4,078) |
-2.1% |
Public |
4,467 |
4,657 |
(190) |
-4.1% |
|
398,048 |
421,648 |
(23,600) |
-5.6% |
|
|
|
|
|
High-Speed Internet lines |
|
|
|
|
Residential |
86,570 |
83,636 |
2,934 |
3.5% |
Business |
18,260 |
17,176 |
1,084 |
6.3% |
Wholesale |
1,014 |
1,164 |
(150) |
-12.9% |
|
105,844 |
101,976 |
3,868 |
3.8% |
|
|
|
|
|
Long distance lines |
|
|
|
|
Residential |
128,760 |
139,193 |
(10,433) |
-7.5% |
Business |
75,529 |
76,895 |
(1,366) |
-1.8% |
|
204,289 |
216,088 |
(11,799) |
-5.5% |
|
|
|
|
|
Video |
|
|
|
|
Subscribers |
8,444 |
470 |
7,974 |
NA |
Homes Enabled |
59,422 |
NA |
NA |
NA |
|
|
|
|
|
|
|
|
|
September 2012 compared to June
2012 |
|
|
|
|
|
|
|
|
September 30, |
June 30, |
Change |
|
2012 |
2012 |
Number |
Percentage |
|
|
|
|
|
Voice access lines |
|
|
|
|
Residential |
207,732 |
212,668 |
(4,936) |
-2.3% |
Business |
185,849 |
185,574 |
275 |
0.1% |
Public |
4,467 |
4,493 |
(26) |
-0.6% |
|
398,048 |
402,735 |
(4,687) |
-1.2% |
|
|
|
|
|
High-Speed Internet lines |
|
|
|
|
Residential |
86,570 |
86,021 |
549 |
0.6% |
Business |
18,260 |
17,990 |
270 |
1.5% |
Wholesale |
1,014 |
1,122 |
(108) |
-9.6% |
|
105,844 |
105,133 |
711 |
0.7% |
|
|
|
|
|
Long distance lines |
|
|
|
|
Residential |
128,760 |
131,082 |
(2,322) |
-1.8% |
Business |
75,529 |
75,763 |
(234) |
-0.3% |
|
204,289 |
206,845 |
(2,556) |
-1.2% |
|
|
|
|
|
Video |
|
|
|
|
Subscribers |
8,444 |
6,354 |
2,090 |
32.9% |
Homes Enabled |
59,422 |
50,149 |
9,273 |
18.5% |
CONTACT: Investor Relations Contact:
Brian Tanner, Hawaiian Telcom
(808) 546-3442
brian.tanner@hawaiiantel.com
Media Contact:
Scott Simon, Hawaiian Telcom
(808) 546-5466
scott.simon@hawaiiantel.com
Hawaiian Telcom Holdco, Inc. (delisted) (NASDAQ:HCOM)
過去 株価チャート
から 6 2024 まで 7 2024
Hawaiian Telcom Holdco, Inc. (delisted) (NASDAQ:HCOM)
過去 株価チャート
から 7 2023 まで 7 2024