- Q2 GMs 58.5 v 57.6% q/q.
- Q2 monthly revenue churn 1.2% v 1.1% y/y.
- Sees FY08 CAPEX at $250-274M.

Other headlines for [TWTC]

• TWTC 11/7/2008 06:52am
  Time Warner Telecom Inc JPMorgan Raised TWTC to Neutral from Underweight
  
• TWTC 11/5/2008 05:04pm
  Time Warner Telecom Inc Reports Q3 $0.03 v $0.04e, R $291M v $293Me- Q3 gross margins 58.1% v 57.2% - Q3 monthly revenue churn 1.5% v 1.5 q/q
  
• TWTC 10/21/2008 06:16am
  Time Warner Telecom Inc Merrill Lynch Resumed TWTC with Buy, price target: $9
  

Telecom sector headlines

• TEF Today 03:39am
  Telefonica S.A. (ADR) CFO: Had discussions with German broadband operators - conf call- Says discussions did not go too far - Was looking to acquire a broadband operator
  
• CPW.UK Today 02:55am
  Carphone Warehouse Societe Generale Cuts CPW.UK to Sell from Buy
  
• GLW Yesterday 10:18pm
  Corning Inc. May reduce its headcount in Taiwan and Japan - Commercial Times- Follow Up: The company said it will halt its Taiwan LCD expansion plans and production. Also, the company said it plans to fire 200 more...
  
• CHA Yesterday 09:55pm
  China Telecom Corp. Ltd. Oct fixed line users down 1.09M v 630K decline in Sept; Oct broadband users +700K v +730K m/m- No further details at this time
  
• CHL Yesterday 08:13pm
  China Mobile (Hong Kong) Ltd. Added 7.194M subscribers in October v 7.25M m/m- It had 443.3M subscribers at end-October.