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CenturyTel had $72.42 million in Q1 profit, down year- over-year ...

CenturyTel had $72.42 million in Q1 profit, down year- over-year from $79.99 million in Q1 2005. CenturyTel got its operating cash flow margin down to 48.8% from 51.9% in Q1 2005, “principally driven by the growth in revenues with…

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lower margins,” like high-speed Internet, fiber transport and CLEC services, and the “decline in higher margin revenues” like those from USF and access lines, it said. Q1 profit figures include about $7 million in debt retirement by the service provider.