OTTAWA – Satellite broadband provider RAMTelecom reported a decrease in third quarter revenues and another year of negative cash flow. Third quarter revenues of $1,195,740 decreased by 5% from $1,262,505 in revenues reported for the second quarter of 2007, and cash flow was negative $26,306, compared to a negative cash flow of $72,515 for the same period last year, the company reported. Gross margin increased by $15,942 or 4% over the same period in 2007, due to higher margin recurring revenue satellite services, secured through long-term customer contracts and Linkstar product sales."RAMTelecom's third quarter 2008 financial results reflect management's on-going...
