Time Warner Telecom to change name

MARCH 13, 2008 -- The new name may be all lower case, but the company says its vision isn't.

MARCH 12, 2008 -- Time Warner Telecom Inc. (search for Time Warner Telecom), which provides local and nationwide managed voice, Internet, and data networking services for businesses, will change its name to tw telecom inc., effective July 1, 2008. In the interim, the company will co-brand its current and future names while completing the necessary legal and regulatory requirements and marketing and communications activities.

Time Warner Telecom has been operating under a name licensing agreement with Time Warner Inc. that will expire June 30, 2008.

"The time is right to focus our brand around the tw telecom name and a vision, a set of values and a brand promise that we have built over the past decade," said Larissa Herda, Time Warner Telecom's chairman, president, and CEO. "Our new brand name is a key milestone in the evolution of our company, as we become the true choice for business communications services -- anywhere. tw telecom acknowledges our heritage and reinforces our commitment to delivering the finest customer experience in the industry, just as we always have."

Time Warner Telecom operates in 75 U.S. metropolitan areas and claims to have more commercial buildings directly connected to a fiber infrastructure than any other U.S. competitive telecom services provider.

Time Warner Telecom reported 2007 revenue of $1.084 billion and modified EBITDA of $339 million. The company employs 2,859, as of Dec. 31, 2007.

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