Iowa Telecom see Q1 net income decline

Iowa Telecommunications Services reported a $7 million profit during the first quarter of 2008, down from the $10.5 million figure reported for the same quarter in 2007. The telcos also saw total access lines decline by 3,700 from the fourth quarter of 2007 to the first quarter of 2008. Total lines are down 14,400 since the first quarter of 2007, a drop rate of 5.7 percent.

For more:
- check out this Iowa Telecom release

Suggested Articles

Google CEO Sundar Pichai said on Wednesday that Google will invest more than $10 billion in offices and data centers across the U.S. in 2020.

On Wednesday, ETSI announced a new group, ETSI ISG F5G, that's dedicated to specifying the fifth generation of fixed networks.

Cisco's SD-WAN service has notched "in process" status from FedRAMP to help federal agencies deliver cloud-based solutions to various locations.