Mr Nerd, You and many others used to applaud Centerline- it seems now that you're downplaying Centerline!
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--May 11, 2006--GlobeTel Communications Corp. (AMEX:GTE) announced that its Centerline Communications LLC subsidiary has reached profitability as of May 10. Given the second quarter performance and its trending, this places Centerline on a pace to exceed its $350,000 per month net profit by the end of June.
Timothy Huff, Chief Executive Officer of GlobeTel, stated, "Centerline has continued its transition from its low margin off-net traffic to its state of the art VoIP direct route network, which it continues to grow. This traffic has significantly increased margins of approximately 7%. Centerline not only provides bottom line profit to GlobeTel but also provides a low cost telecom component to our other business units."
Centerline? Who needs Centerline!
As the world turns!
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“An investment in knowledge always pays the best interest”
Benjamin Franklin