3 Big Takeaways From Tucows' Third Quarter
Ting parent Tucows (NASDAQ: TCX) reported third-quarter results on Wednesday. The Canadian company, which sells various internet services along with Ting-branded broadband and mobile network services, delivered solid financial results while moving closer to its long-term business goals.
Here's a deeper look at a few of the most salient points Tucows made in its third-quarter report.
The fiber-optic broadband service known as Ting Internet is expanding faster than ever. Tucows added two new markets for that physical network expansion during the third quarter. That total swells to four if you include two newer events. Tucows announced a fiber-based service launch in Solana Beach, California, plus the $11 million buyout of hyperfocused fiber networking specialist Cedar Holdings straddling the border between New Mexico and Colorado. Those deals were announced last week, after the closing of the books for the third quarter proper.
Source Fool.com
