Hawaiian Telcom Reports Fourth Quarter and Full Year 2014 Results
Hawaiian Telcom Holdco, Inc. has released its fourth quarter and full year 2014 financial results. The report reveals a fourth quarter consumer revenue of $99.6 million, growing by 2.6%, and a full year revenue of $390.7 million, growing by 3.9%.
Four quarter and full year growth were attributed to an increase in video revenue of $2.8 million, and $10.8 million, respectively.
Hawaiian Telcom TV subscribers grew by 2,300 in the fourth quarter, expanding household reach on Oahu to 160,000.
Fourth quarter data center revenue grew by over 60 percent.
“We delivered a successful 2014. With a focus on broadband, TV and data center and cloud services, Hawaiian Telcom’s investment in our next-generation fiber network and innovative new products continue to transform our company and Hawaii’s communities and businesses,” said Eric K. Yeaman, Hawaiian Telcom’s president and CEO.
“We have invested and executed aggressively, creating new growth channels and enabling our customers with next-generation technologies to strengthen their businesses and improve their quality of life.”