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The Honolulu Advertiser
Updated at 3:17 p.m., Thursday, May 15, 2008

Hawaiian Telcom posts $40M loss in latest quarter

Advertiser Staff

Hawaiian Telcom Inc. posted a $40.1 million net loss during the first quarter of this year, reversing a $15.5 million profit the local phone company reported in the year-earlier quarter.

Hawaiian Telcom said its revenues for the first quarter were down $4 million to $112.4 million as the company continued to lose business to wireless companies and other competitors.