Cable & Telecom

Internet subs keep growing at Amtelecom

AYLMER – Third quarter results at Amtelecom Income Fund showed revenues from the fund’s telecommunications, cable TV and Internet operations of $6.1 million, EBITDA of $3 million and net earnings of $1.1 million ($0.18 per unit). This is identical to the results of Q3 2004. For the nine month period ending September 30, 2005, the fund generated total revenues of $17.8 million and net earnings of $3.4 million ($0.58 per unit). This compares to total revenues of $18 million and net earnings of $3.3 million ($0.55 per unit) over the same nine month period of 2004. For the three month...