CONCORD,CT Communications, a provider of telecommunications and networking services, has upped its quarterly dividend to 10 cents per share, the company said Thursday.

The increase is a 43 percent jump and is payable to stockholders as of June 1. It is the second increase in the past year.

“Our focus on expense control is paying off with the gains we achieved in operating and net income during 2004,” said Michael Coltrane, chief executive officer of CTC. “Our recently announced broadband initiative is well underway, and DSL demand is strong with over 2,000 new DSL subscribers added in the fourth quarter.”

CTC reported operating income of $23.6 million for 2004, up 10 percent from 2003, and operating revenue increased to $163.7 million, up 1.7 percent, while operating expenses remained flat at $140 million. Earnings per share hit 78 cents, up from 61 cents in 2003.

CTC: www.ctc.net