Tucows Inc TC.P.T

Primary Symbol: TCX Alternate Symbol(s): T.TC

Technology Information Technology Services

Tucows Inc. is a global internet service provider. The Company’s segments include Ting, Wavelo and Tucows Domains. Ting segment provides retail high speed Internet access services to individuals and small businesses. Wavelo segment offers platforms and other professional services related to communication service providers, including Mobile Network Operators and Internet Service Providers. The Tucows Domains segment includes wholesale and retail domain name registration services, value-added services and portfolio services. The Company primarily earns revenue from the registration fees charged to resellers in connection with new, renewed and transferred domain name registrations, the sale of retail Internet domain name registration and email services to individuals and small businesses. Tucows Domains segment manages approximately 25 million domain names and millions of value-added services through a global reseller network of over 35,000 web hosts and internet service providers (ISPs).

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Tucows Inc > Repurchase of $34 Million of 9.75% Senior Secured Notes

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Post by sunshine7on Jul 13, 2015 6:33pm

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Post# 23919738

Repurchase of $34 Million of 9.75% Senior Secured Notes

..."The Company's June 30, 2015 cash and cash equivalents balance was approximately $211 million, compared to $238 million at March 31, 2015. Excluding the impact of the notes repurchase announced herein, the Company's cash balance increased by approximately $10 million during the second quarter of 2015." ... so cash burn rate is not much really. Any uptick in metals (this fall) should send SP higher IMO.

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