Posts for Ticker ‘cable stocks’

TW Telecom Feels The Disconnect (TWTC)

TW Telecom Inc. (NASDAQ: TWTC), the former Time Warner Telecom, is having a rough morning.  Last night the company submitted an SEC filing showing that it was going to warn of slower revenue trends at an investor conference.  The company said that it is still experiencing revenue pressure from disconnects from homeowners behind in their mortgages and from very small customers.  The weakness in the Midwest is seeing a potential extension of the slowing economy in the Southeast and in individual markets in other regions.  To add fuel to the fire, it is warning that it may experience a small business customer churn increase as it disconnects non-paying customers.

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Posted on: September 9, 2008 – 8:16 am in Earnings Warning, Telecom, , , , ,