Cable / Telecom News

Cygnal’s Q3 dips

TORONTO - For the third quarter ended September 30, 2007, revenues at telecom and cable services and equipment provider Cygnal Technologies decreased by $5.2 million to $26.4 million from $31.6 million for the same period a year ago. This was comprised of a decrease in revenue at the company's communications services business segment (otherwise known as White Radio) of $4 million, and a decrease in the revenue at the company's network services business segment of $1.2 million. The decrease in communications services was impacted by limited cash flow, leading to constraints on product availability, combined with the loss of certain...