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Shares of Otelco (OTT -17.4%) have been cut in half since news late Friday that major client...
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Tuesday, April 24, 2012, 3:44 PM ETShares of Otelco (OTT -17.4%) have been cut in half since news late Friday that major client Time Warner Cable (TWC) indicated it would not renew its contract to acquire wholesale network connections from the company. The contract represented 11.7% of OTT's 2011 revenue. OTT suspends dividends on the common stock portion of its income deposit securities.
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