The spate of mergers in the telecom industry has led enterprise customers looking for different vendors to approach Time Warner. This has boosted the company’s enterprise business, which has grown to $ 15.8 million. lightreading.com reports:
Time Warner reported total quarterly revenue of $177.8 million, an 11 percent increase from last year's $160.6 million. Officials attributed the upswing to a 31 percent increase in data and Internet revenues.
Read More: Megamergers Don't Scare TWT
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