Expansion Technology Corporate

Strong growth in Internet and data sales pushed revenue and profits higher at Colorado’s TW Telecom Inc. for the fourth quarter and entire year of 2009.

The results, reported Monday, beat Wall Street expectations for profits and matched what was expected for sales.

The Douglas County-based business telecom (NASDAQ: TWTC) reported fourth-quarter earnings of $11.1 million, or 7 cents per share, on revenue of $307.9 million. That compares to fourth-quarter 2008 earnings of $899,000, or 1 cent per share, on revenue of $294.6 million.

For the whole of 2009, TW Telecom reported earning $27.6 million, or 19 cents per share, on revenue slightly above $1.2 billion. In 2008, it posted a loss of $7.3 million, or 5 cents per share, on revenue just under $1.2 billion.

TW Telecom had been expected to report 6 cents-per-share earnings for the fourth quarter and 16 cents per share for all of 2009, according to an average of 18 Wall Street analysts estimates by Yahoo Finance.

“In 2010, we plan to further invest in growth initiatives including equipping our networks with new capabilities, launching new products and services, and implementing tools to better serve enterprise customers,” CEO and President Larissa Herda said in a written statement. “All of these initiatives are focused on capturing greater market share and driving revenue growth.”