Contour Telecom Management Inc - Quarterly Results.TORONTO--(BUSINESS WIRE)--Oct. 30, 1996--CONTOUR TELECOM MANA (CANADIAN DEALING NETWORK Canadian Dealing Network (CDN) The organized OTC market of Canada. Formerly known as the Canadian Over-the-Counter Automated Trading System (COATS), the CDN became a subsidiary of the Toronto Stock Exchange in 1991. CTUR CTUR Confederated Tribes of the Umatilla Reservation (Washington) .) Contour Telecom Management Inc announced today its financial results for its initial three months of operation ended September September: see month. 30: -0-
(000's except earnings per share)
3 months ended
September 30, 1996
Revenue $ 14,420
Net income (loss) $ (238)
Earnings (loss) per share $ (0.05)
Average shares outstanding 4,741
Contour acquired the telecom management services division of TSB TSB TPS (Thermal Protection System) Sample Box TSB Technical Service Bulletin TSB Transportation Safety Board of Canada TSB Telecommunication Standardization Bureau TSB Trustee Savings Bank TSB Telecommunications Systems Bulletin International Inc on June 30, 1996. In the three months ended September 30, revenues were 20 percent higher than those of the telecom management services division of TSB International Inc in the preceding three months, and the net loss was 20 percent lower. Contour manages some or all aspects of client organizations' telecommunications facilities In telecommunication, the term facility has the following meanings: 1. A fixed, mobile, or transportable structure, including (a) all installed electrical and electronic wiring, cabling, and equipment and (b) all supporting structures, such as utility, ground network, and expenditures to client-specified service levels. The company uses a unique, structured approach to telecom management, emphasizing superior service and support levels. Contour markets its services directly to major corporations in Canada and the United States The United States and Canada share a unique legal relationship. U.S. law looks northward with a mixture of optimism and cooperation, viewing Canada as an integral part of U.S. economic and environmental policy. . Contour is based in Toronto and its shares are traded on the Canadian Dealing Network under the symbol - CTUR. CONTACT: Contour Telecom Management Inc. Jeremy Purbrick, 416/622-0240 Ext. 203 or Contour Telecom Management Inc. Chris Stephenson,, 416/622-0240 Ext. 273 |
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