Time Warner Telecom Inc. will be changing their name to TW Telecom on July 1st. The name have been operating under (Time Warner Telecom) is licenced from Time Warner Inc. but the agreement expires June 30th. However this is a good oppertunity to build a new brand.
The time is right to focus our brand around the tw telecom name and a vision, a set of values and a brand promise that we have built over the past decade, said Larissa Herda, Time Warner Telecoms Chairman, President, and CEO. Our new brand name is a key milestone in the evolution of our company, as we become the true choice for business communications services - anywhere. tw telecom acknowledges our heritage and reinforces our commitment to delivering the finest customer experience in the industry, just as we always have.
As tw telecom, we will stay close to our roots and continue our determination to care for our customers. This company-wide mantra has always been driven by an unfailing commitment and dedication to helping customers succeed. We have built a company that is unmatched in delivering a powerful combination of nation-wide network assets, innovative solutions, success-based growth strategies, strong financials and a focus on the customer. We leverage these strengths to benefit each one of our customers and to grow long-term shareholder value.
tw telecom is familiar; it is stable; it is consistent; it is clear, concise and focused it is who we are, Herda said. tw telecom has more commercial buildings directly connected to a fiber infrastructure than any other U.S. competitive telecom services provider.
This gives us the ability to quickly and seamlessly deliver Ethernet and other next generation services to businesses that require more efficient network connectivity, Herda said. This strategy has translated into double-digit growth rates for us over the
past several years.
Time Warner Telecom reported 2007 revenue of $1.084 billion and modified EBITDA of $339 million. The company employs 2,859, as of Dec. 31, 2007. Time Warner Telecom, delivers high-speed, high-capacity communications services at up to 10 Gbps to businesses, organizations, government entities, and carriers over its own national fiber infrastructure and IP backbone. Time Warner Telecom
operates in 75 U.S. metropolitan areas.
Time Warner Telecom has been operating under a name licensing agreement with Time Warner Inc. that will expire June 30, 2008.
About Time Warner Telecom
Time Warner Telecom Inc., headquartered in Littleton, Colo., provides managed network services, specializing in Ethernet and transport data networking, Internet access, local and long distance voice, VoIP and security, to enterprise organizations and communications services companies throughout the U.S. As a leading provider of integrated and converged network solutions, Time Warner Telecom delivers customers overall
economic value, quality, service, and improved business productivity. Please visit www.twtelecom.com for more information.
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