Internet Service Provider tw telecom's First quarter profits and revenues are up

First quarter profits and revenues are up

In the first quarter of this year, Colorado-based internet service provider tw telecom saw both profit and revenue growth.

The managed services provider – recently ranked third on Vertical Systems Group's business Ethernet market leader board – has grown its revenues for several years now, increasing just fewer than 8% to almost $359 million, largely as a result of expansion in the enterprise business sector. Meanwhile, tw telecom's net income rose more than 50% to $19.3 million, while earnings per share increased $0.05 to $0.13.

In a recent statement, Larissa Herda, tw telecom's CEO explained that the provider posted its "30th consecutive quarter of sequential revenue growth, delivered strong margins, and grew both net income and levered free cash flow, while [continuing] to advance the business with new products and capabilities."

Also in tw telecom news

Customers now have access to real-time network performance information

Not long ago, tw telecom announced the first phase of its Intelligent Network portfolio – Enhanced Management service. The Enhanced Management service was launched nationwide, and provides Converged, Ethernet and Internet Protocol Virtual Private Networking (IP VPN) customers with real-time network performance management information, such as jitter, latency, packet loss, Class-of-Service (CoS) utilization and bandwidth utilization.

Previously, tw telecom carried out a limited release of Enhanced Management for both its Converged and IP VPN customers. The new rollout now includes Business Ethernet customers and its expected to be complete by summer of this year.

Forthcoming phases of the provider's Intelligent Network consist of App Aware Networking and Dynamic Capacity. Currently tw telecom's MyPortal interface allows customers to access their account team contact information, track orders and change requests, submit/track trouble tickets, view and pay invoices, etc. With the rollout of Dynamic Capacity, enterprise customers can immediately scale their Ethernet bandwidth across their network without interrupting their service.

About tw telecom

For almost 20 years, tw telecom has provided the most sophisticated telecommunications solutions on the market to a broad range of businesses and organizations across the United States. Serving over 27,000 customers and built on a legacy of success via exceptional customer care, remarkable products and powerful networks, tw telecom is able to deliver scalable solutions that will help you improve your business metrics.

For more information on business-class services offered by tw telecom and other leading providers in your area, give one of our professional account managers a call today!

Image Source FreeDigitalPhotos.net