Article: Williams Communications Loss Widens; Sales Rise.

By John Stancavage, Tulsa World, Okla. Knight Ridder/Tribune Business News

Nov. 2--The CEO said rising revenues indicate customer confidence.

Tulsa-based Williams Communications Group Inc. reported record revenues Thursday for the third quarter, but still lost more money than a year ago.

The company's net loss increased to $272.7 million, or 55 cents per share, compared with $150.5 million, or 32 cents per share, in the third quarter of 2000.

Revenues increased 42 percent to $297.8 million. Much of the increase came from the company's network services unit, which saw a 52 percent rise in revenues to $271.1 million.

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