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This excerpt taken from the HTCO 10-Q filed May 5, 2009. Directory. We receive monthly
recurring revenue from end-user subscribers for the yellow page advertising in
our telephone directories.
Directory revenue was $1,077,000, which is $77,000 or 7.7% higher in the three
months ended March 31, 2009 compared to the three ended March 31, 2008. This
increase was the result of a favorable sales cycle of yellow-page advertising in
our directory, which went into effect in the beginning of the third quarter of
2008.
These excerpts taken from the HTCO 10-K filed Mar 5, 2009. Directory. We receive monthly recurring revenue from
end-user subscribers for the yellow page advertising in our telephone
directories. Directory revenue was $4,119,000, which is $265,000 or 6.9% higher
in 2008 compared to 2007 and was $3,854,000, which is $230,000 or 6.3% higher
in 2007 compared to 2006. The increase in both periods was the result of
favorable sales cycles of yellow-page advertising experienced during the
past two years. Our directory cycle goes into effect in the beginning of the
third quarter of each year.
Bill Processing. We provide data processing as a service to other telephone service providers and sell our systems to external businesses. We collect a combination of monthly recurring revenue, software license fees, and integration services revenue from companies with which we have established a long-term data processing relationship. Bill processing revenue was $3,325,000, which is $851,000 or 34.4% higher in 2008 compared to 2007 and was $2,474,000, which is $347,000 or 16.3% higher in 2007 compared to 2006. The increase in both periods was driven by project integration services revenue related to the sale of our billing and management system SuiteSolution® to several new customers.
Other Revenue. Other revenue consists primarily of sales of customer premise equipment, circuit private lines, maintenance, and adds, moves and change revenue. Other revenue was $3,331,000, which is $354,000 or 9.6% lower in 2008 compared to 2007. This decrease was primarily due to a decrease in customer premise equipment revenue of $338,000. This decline is due to our decision to phase out sales of Nortel customer premise equipment in favor of the Cisco brand. All Cisco sales results are reported within the Enventis Sector. Also contributing to lower revenue was lower paystation revenue of $110,000 offset by increased Telecom contract services revenue of $139,000.
Other revenue was $3,685,000, which is $451,000 or 10.9% lower in 2007 compared to 2006. This decrease was primarily due to lower revenue of $767,000 associated with the SOCRATES contract which was discontinued in 2006, offset by an increase in Telecom contract services of $179,000 and an increase in customer premise equipment revenue of $114,000. Until June 2006, we had provided Internet access and video conferencing for Project SOCRATES which is a distance-learning network connecting schools and libraries in a 12-county region in south central Minnesota. Our contract with Project SOCRATES ended on June 30, 2006.
Directory. We receive monthly recurring revenue from end-user subscribers for the yellow page advertising in our telephone directories. Directory revenue was $4,119,000, which is $265,000 or 6.9% higher in 2008 compared to 2007 and was $3,854,000, which is $230,000 or 6.3% higher in 2007 compared to 2006. The increase in both periods was the result of favorable sales cycles of yellow-page advertising experienced during the past two years. Our directory cycle goes into effect in the beginning of the third quarter of each year.
Bill Processing. We provide data processing as a service to other telephone
Other Revenue.
Other revenue was $3,685,000, which is
Directory. We receive monthly recurring revenue from end-user subscribers for the yellow page advertising in our telephone directories. Directory revenue was $4,119,000, which is $265,000 or 6.9% higher in 2008 compared to 2007 and was $3,854,000, which is $230,000 or 6.3% higher in 2007 compared to 2006. The increase in both periods was the result of favorable sales cycles of yellow-page advertising experienced during the past two years. Our directory cycle goes into effect in the beginning of the third quarter of each year.
Bill Processing. We provide data processing as a service to other telephone
Other Revenue.
Other revenue was $3,685,000, which is
This excerpt taken from the HTCO 10-Q filed Oct 30, 2008. Directory.
We receive monthly recurring revenue from end-user
subscribers for the yellow page advertising in our telephone directories.
Directory revenue was $3,085,000, which is $264,000 or 9.4% higher in the nine
months ended September 30, 2008 compared to the nine months ended September 30,
2007. This increase was the result of a favorable sales cycle of yellow-page advertising
in our directory, which went into effect in the beginning of the third quarter
of 2007.
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