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Technology / AI and automation

COMPANY RESULT: TELEPORT COMMUNICATIONS GROUP

Teleport Communications Group Inc, New York networking communications firm, has reported a second quarter net loss of $51.3m up from losses of $25.2m last time, on revenue which increased by 77.7% to $115.7m. Midterm net loss was up at $96.4m from losses of $49.5m at the same time last year, while revenue was 72.5% higher at $212.5m. The 1996 figures have been reported in a pro forma basis to reflect its reorganization.

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CBR Staff Writer

CBR Online legacy content.