CenturyTel: Profit higher, outlook tempered

Independent telco CenturyTel, based in Monroe, La., reported fourth-quarter earnings highlighted by a 28% increase in profit that was largely due to higher revenue from last year's acquisition of Madison River. For 2008, the company issued an outlook for "flat to modestly higher" revenue growth.

The telco also said its access line count increased by about 2% in the fourth quarter of 2007, but without the addition of Madison River's lines, it would have fallen by 5.7%.

For more:
- read this report at MarketWatch

Suggested Articles

The market for storage equipment certified by the Open Compute Project (OCP) is headed for a growth spurt, according to a report by IHS Markit.

Big Switch packed four hybrid cloud related products and features into one announcement on Wednesday to address the challenges of hybrid environments.

MEF announced on Wednesday the publication of its SD-WAN Service Attributes and Services standard (MEF 70).