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Hawaiian Telcom parent joins small cap index

Hawaiian Telcom Holdco Inc. has been added to the MSCI US Small Cap 1750 Index.

The company, which has gone from phone company to integrated communications provider, was added at the close of the markets on Friday as part of MSCI Inc.’s semi-annual index review.

“We are excited to join the MSCI family of indices,” said Eric K. Yeaman, Hawaiian Telcom’s president and CEO, in a statement.

“We believe that membership in the MSCI indices will increase our exposure to the broader institutional investment community, help further expand our shareholder base, and contribute in our efforts to enhance shareholder value,” he said.

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