honoluluadvertiser.com

Sponsored by:

Comment, blog & share photos

Log in | Become a member
The Honolulu Advertiser
Posted on: Tuesday, October 10, 2006

BUSINESS BRIEFS
Monthly fee cut from bills

Advertiser Staff and News Services

Hawaiian Telcom high-speed Internet customers will now save nearly $3 every month on the service starting with October bills.

The savings comes because the Federal Communications Commission has eliminated a monthly fee on digital subscriber line, or DSL, services.

For Hawaiian Telcom's 80,000 or so high-speed Internet customers, the elimination of the fee will eventually mean a savings of $2.75, or $2.86 including taxes, on each monthly bill.

"This fee elimination means almost $3 million annually back to consumers and back into the local economy," said Hawaiian Telcom Chief Executive Mike Ruley.


GO! CAPACITY UP FOR SEPTEMBER

Startup interisland airline go! said yesterday its planes were 66.1 percent full in September, up from 64.5 percent full in August.

The airline, which began flying June 9, said it served 61,634 passengers, down from 62,367 in August.

Go! touched off a price war when it opened for business in Hawai'i with $39 one-way interisland tickets, prompting Hawaiian and Aloha to match the fare. The airline also has offered one-way fares for a limited time at $19, with Hawaiian and Aloha following suit.


AQUA ACQUIRES ISLAND COLONY

Aqua Hotels & Resorts yesterday announced the addition of the Island Colony hotel to its expanding Waikiki inventory.

The 740-room Island Colony, at 445 Seaside Ave., is the fifth hotel acquired by Aqua this year.

"It's exciting to have Island Colony join the Aqua family," said Will Tanaka, President of Aloha Hospitality Consulting LLC and Stahl Inc., the general partner of Island Colony Hotel.


DOLANS ATTEMPT TO BUY SHARES

NEW YORK The Dolan family is again trying to take its company private, offering to buy out public shareholders of Cablevision Systems Corp. in a deal that values the cable TV operator at $7.9 billion plus the assumption of $11.3 billion in debt.

A separate bid from the Dolans last year ran into objections from the board, but this time the Dolans say they're making a simpler offer that should be more likely to succeed.