1. tw telecom ( TWTC), is a provider of managed network services, specializing in data, Internet protocol (IP), voice and network access services to enterprises including public sector entities and carriers across the U.S. The company serves the U.S. metropolitan markets with its fiber facilities, which are connected by its regional fiber facilities and national IP backbone. Total revenue for the first quarter of 2011 increased 6.9% year over year to $332.5 million, buoyed by strong enterprise revenue growth. The company swung to a net income of $12.6 million from a net loss of $4.5 million in the year-ago period. U.S.-based Bowman Consulting Group has selected tw telecom to provide advanced data and Internet services to supply networking services to its 14 offices in four states. The services include Ethernet internet and IP VPN (MPLS) services, as part of a multiyear agreement. The services will connect Bowman's remote offices to headquarters. Attributing its 26 consecutive quarters of revenue growth to its strategy of continuous investment in people and software, TWTC comments that it plans to hike investment further to enhance profitability. The company is seeking to invest in a new kind of intelligent network that is application-aware and enables services. Further, it plans to invest in end-to-end application management. Of the 16 analysts covering the stock, 38% rate this stock a buy, and the rest rate it a hold. There are no sell ratings on the stock. Analysts polled by Bloomberg expect the stock to gain an average of 20.4% to $24.17 in the coming 12 months. >>To see these stocks in action, visit the 8 Telecom Stocks That Could Rise portfolio on Stockpickr.