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The Honolulu Advertiser
Updated at 1:54 p.m., Friday, November 14, 2008

Hawaiian Telcom's losses widen to $34.7M as drop seen in landlines

Advertiser Staff

Hawaiian Telcom's financial losses widened during the third quarter.

The state's largest telephone company today reported a net loss of $34.7 million for the three months ending Sept. 30, which was up from $29.5 million in the year-earlier period.

The results came on revenues of $112.3 million, which was down 2.6 percent from the year-earlier's $120.4 million due in large part to a decline in residential telephone customers.