Richmond, Va.-based Cavalier Telephone posted fourth-quarter earnings of $18.3 million on $264 million in revenue, spurred by increases in business revenue.
Cavalier is positioning itself for one of the larger rollouts of IPTV service in the United States.
“While delivering outstanding financial results across all key metrics, we have also been able to successfully position ourselves for our IPTV launch,” chairman and CEO Brad Evans said in a release.
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