It will be considered a one-time adjustment, rather than any real growth in a company's value.

Growth will come not only from voice, but from global bandwidth business and value-added services.

Over the longer term, Chris Bell is building a new foundation of statewide growth that will raise sufficient money to win in November.

I think the initial read of the numbers was disappointing for a lot of people. Guidance as of last quarter was $500 (million)-to-$530 million. With typical analyst and investor behavior, we expect companies to upside from what their guidance is.

Investors need to be able to stomach this ride, must keep at the forefront of their minds that they're buying into this for the long-term, because there are lots of short-term uncertainties.

The long-term fundamentals are intact and similar to what we saw here in the Internet sector.