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In addition today’s discussion will include certain non-GAAP financial measures. Our earnings release for this quarter’s results, which has been posted to the Investor Relations section of our website, contains reconciliations of these measures to their nearest GAAP equivalent. On July 2, we closed on the acquisition of SureWest Communications, and will report complete pro forma results on the third quarter call on early November.I will now turn the call over to Bob, who will provide an overview of our second quarter results and an update to our integration progress. Steve Childers will then provide a more detailed review of the financials as well as updates to our 2012 guidance. Bob? Bob Currey Thank you, Matt and good morning everyone. I appreciate you joining us today. I’m very pleased with our performance this quarter. We remained focused on delivering excellent results while working rapidly to close on the SureWest transition, which happened in less than five months from the announcement. Financial results were solid with revenue at $93 million, adjusted EBITDA at $44.8 million and the dividend payout ratio was 59.6%. We have continued to make improvements to the top line trends and the SureWest Acquisition provide additional diversification and growth opportunities. Second quarter revenue on a pro forma basis was $157.8 million, which represented growth of 2.7% over the second quarter of 2011. We continue transitioning away from traditional regulated revenues while maintaining our consisting cash flows. And indicator of this progress is the continued growth in our business and broadband areas, which on a pro form basis including SureWest were 73% of the second quarter revenue. We also had a good solid quarter operationally. Our broadband net adds were in – what is historically a seasonally soft quarter were solid and what is seasonally a soft quarter for the industry.
We added 2000 net new broadband subscribers with 1500 of those coming from high-speed Internet and 500 from our digital video. This broadband growth surpassed our ILEC access line losses by over 800 subscribers. The ILEC access line performance was also very strong this quarter with the last 12 months losses improving to 3.2%. These results reflect our continued success in our bundling strategy, led with our triple play offer, which continues to prove to be a differentiator in our retention efforts.In our carrier sales channel data growth continues to drive increased capacity needs, especially from the wireless carriers. We’re well positioned to continue to benefit from this acceleration in wireless data conception both inside and outside our footprint. In the second quarter, we added just over 400 new circuits to the wireless towers we served, bringing the total wireless backhaul annual revenue under contract to $9.7 million. Our CLEC business in the Pittsburgh area also had another solid quarter. We continue to extend the network off the fiber-ring into select commercial buildings were playbacks are attractive. We’ve had success in commercial customer growth with this strategy and see continuing demand. And finally before I turn the call over to Steve, let me provide an update on SureWest. We’re very pleased with how things are progressing. We announced the functional organization structure in advance of the closing and retained two key executives in Scott Barber and Ed Butler. Scott is leading the network and field operations teams for the new combined company and Ed has the responsibility for all of commercial sales. Both have played key roles and helping make the SureWest employee transition goes smoothly and ensure we’re delivering best practices, efficiencies and excellent customer service. The addition of the SureWest employees strengthens our bench and I would like to personally welcome all of the SureWest employees to the team. And I look forward to achieving great things together. Read the rest of this transcript for free on seekingalpha.com