CONCORD,CT Communications reported a slight increase in revenues for the second quarter.
The communications provider reported net income of $4.1 million, or 22 cents a share. CT had a higher margin for the same quarter a year ago of 48 cents due to revenue from a sales transaction.
Overall, revenue increased to $40.7 million, up 2 percent. A 17 percent increase in wireless customers helped offset a 2 percent decrease in access lines and a drop in telephone revenues from other phone carriers for use of CT’s network.
CT: www.ctc.net
