Hawaiian Telcom sees its emerging IPTV service as a key revenue driver and it has set an ambitious goal of passing 160,000 homes on the island of Oahu by the end of this year with the service.
Hawaiian Telcom is joining a host of Asia Pacific and U.S.-based service providers to establish the Southeast Asia--United States (SEA-US) consortium to build and operate a trans-Pacific submarine cable system, connecting Indonesia, Philippines, Guam, Hawaii and California.
Hawaiian Telcom's second-quarter story was once again dominated by its consumer segment, where the telco reported that revenue was $36.3 million, up 4.3 percent year-over-year due to revenue growth from its TV and high-speed Internet (HSI) services.
Hawaiian Telcom continued to ramp up its IPTV service, adding approximately 8,600 subscribers to offset ongoing declines in its legacy consumer POTS voice business.
Hawaiian Telcom is the latest traditional telco to see copper cable theft incidents rising in its service area, reporting that thieves recently stole about 300 feet of cable in Kalaeloa, near the now closed Barbers Point Naval Air Station (NAS).
Hawaiian Telcom's fourth-quarter 2013 consumer revenue climbed 4 percent to $36.4 million as the company reported ongoing gains in both broadband and its emerging IPTV product.
Hawaiian Telcom is the latest incumbent telco to jump on the higher broadband speed bandwagon with the debut of a new 500/50 Mbps tier.
Hawaiian Telcom reported that Q3 2013 consumer revenues rose 2.4 percent to $35.3 million due to an increase in IPTV and broadband subscribers.
Hawaiian Telcom is making a bigger splash in the data center business by signing an agreement to acquire Honolulu-based SystemMetrics for about $16 million in cash.
Hawaiian Telcom more than doubled its TV subscriber base in the last year, according to second quarter earnings results. The telco now has 13,618 TV subscribers, compared with 6,354 in the year-ago quarter and a 16.7 percent increase over the 11,671 the carrier numbered in the first quarter.