AYLMER, Ont. - In the first quarter of 2006, the Amtelecom Income Fund (owners of cable and telecom company Amtelecom) generated revenues from telecommunications, cable TV and Internet operations of $7.2 million, an increase of 26% over the first quarter of 2005. The company generated EBITDA of $3.2 million, a 16% increase but net earnings dipped by 10% to $900,000. The first quarter results include the results of the fund's recent acquisition of People's Tel Limited Partnership (People's) for the 66 day period since it was acquired on January 24, 2006. "We expect continued growth in EBITDA from the acquisition...
