Business

Hawaiian Telcom Reports Fourth Quarter and Full Year 2014 Results

March 12, 2015, 1:38 PM HST
* Updated March 12, 1:39 PM
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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.

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“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.”

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