Eschelon Telecom Announces Record Network Services Line Sales in First Quarter
05 April 2007 - 11:16PM
Business Wire
(NASDAQ:ESCH): Eschelon Telecom, Inc., a provider of integrated
communications services to small and medium sized businesses in the
western United States, today announced record setting sales results
for the first quarter, marking the fifth record-setting quarter in
a row. The company reported a total of 45,533 access lines sold for
the three months ending March 30, 2007, versus 44,471 access lines
for Q4 2006 and 30,785 for Q1 2006. �For Q1, we generated 2.4%
sequential growth and 48% year to year quarterly growth�both
outstanding levels of growth and ahead of where we expected to be,�
says Bob Pickens, Eschelon�s Chief Operating Officer. �I am
extremely pleased with the leadership and focus being demonstrated
by our sales teams. The demand for our products and services is
quite strong and our sales force continues to show they can
consistently perform at a high level.� �The sales team we have
assembled at Eschelon is very strong and getting stronger,� adds
Steve Wachter, Executive Vice President of Sales,� We started the
year with 265 Network Sales Associates and 40 Business Telephone
Sales Specialists and are on plan to add an additional 60 Network
Services Sales Associates by the end of 2007. This will result in
the largest Communications Service Provider (CSP) sales team that
services the medium and small business segment in our region �
driving significant sales and market share gains.� About Eschelon
Telecom, Inc. Eschelon Telecom, Inc. is a facilities-based
competitive communications services provider of voice and data
services and business telephone systems in 45 markets in the
western United States. Headquartered in Minneapolis, Minnesota, the
company currently employs approximately 1,400
telecommunications/Internet professionals, serves over 60,000
business customers and has in excess of 600,000 access lines in
service throughout its markets in Arizona, California, Colorado,
Minnesota, Montana, Nevada, Oregon, Utah and Washington. For more
information, please visit our web site at www.eschelon.com Forward
Looking Statements This announcement contains forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended. The forward-looking statements are based on
Eschelon Telecom�s current intent, belief and expectations. These
statements are not guarantees of future performance and are subject
to certain risks and uncertainties that are difficult to predict.
Actual results may differ materially from these forward-looking
statements because of the company�s history of losses, ability to
maintain relationships with RBOCs, substantial indebtedness,
intense competition, dependence on key management, changes in
government regulations, and other risks that may be described in
the company�s filings with the Securities and Exchange Commission.
Existing and prospective investors are cautioned not to place undue
reliance on these forward-looking statements, which speak only as
of today�s date. Eschelon Telecom undertakes no obligation to
update or revise the information contained in this announcement,
whether as a result of new information, future events or
circumstances or otherwise.
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