Today I am updating my list of metro fiber providers that I last revisited back in August. As usual, I look for metro route miles and raw on-net buildings of all types, and look at the ratio as a raw metric for relative density and penetration. This quarter’s major surprise came in an [...]

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Defying the tsunami of economic fear out there, FiberNet Telecom Group (FTGX) has brought metro networks online in two brand new markets: Chicago and Miami.  This is a significant milestone for the company, before now they had focused nearly all their effort on NYC with a small extension in Los Angeles, they have doubled their [...]

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Today we got our first look at XO Communications (XOHO.OB) since Carl Icahn refinanced their debt early in the third quarter with large amounts of preferred stock. Despite the opinion of the Washington Post the other day, XO did not disappoint and the effects of the economic crisis on its performance were not detectable [...]

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TW Telecom reported earnings after the bell today, although their CC is tomorrow morning.  I wasn’t too far off in my guesses - too high on network revenue and too low on data but it canceled out.  Overall, revenue of $291.6M was exactly what they promised in September, slower growth reflecting some churn from spreading [...]

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Telecom services company TW Telecom (TWTC) reports earnings before the market opens on Thursday, so let’s look at some expectations.  The company reported stellar Q2 earnings but a month later issued a prophetic warning that economic weakness was spreading.  In the way only Wall Street can, the company’s stock price was first punished for being [...]

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Here’s something new to keep you busy.  This spreadsheet tracks various valuation metrics for LVLT, CCOI and TWTC.  I get real-time bond pricing from http://cxa.marketwatch.com/finra/MarketData/Default.aspx and stock quotes from www.yahoo.com.  For each firm there are aspects of their capital structure that are not traded thus there is no market price.  Feel free [...]

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Two weeks ago, I looked at the new valuations of nextgen facilities-based telecoms, and it seemed that the markets had decided on an enterprise value to EBITDA ratio of roughly 5-6.  Well, the market apparently wasn’t done.  While only LVLT has reported, the market has continued to devalue the sector indiscriminately.  So let’s take a [...]

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Level 3 Communications (LVLT) reports earnings Thursday morning, the first US nextgen carrier to do so.  And when they do, the first thing everyone is going to look for is evidence of economic deterioration.  LVLT’s business has many units and their earnings reports can be rather

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Technical Analysis Day Trading Review: LVLT [...]

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