By DAVID BORAKS
Growth remained slow at MI-Connection Communications System in the fiscal year that ended June 30 as continued expansion of the company’s telephone and internet businesses was not enough to overcome a sluggish cable TV market. The financial report at Thursday night’s monthly meeting of the MI-Connection board brought expressions of disappointment from some board members.
Revenues rose just 3 percent, to $15.3 million, in the fiscal year that ended June 30, a far cry from the 20 percent growth system officials budgeted a year ago. Read the full story