EXHIBIT 11 CT COMMUNICATIONS, INC. AND SUBSIDIARIES Computation of Earnings Per Share Three Months Ended March 31, 2000 1999 ---- ---- Computation of share totals used in computing earnings per share: Weighted average number of shares outstanding 18,786,722 18,639,294 Basic average shares a-Outstanding 18,786,722 18,639,294 Incremental shares arising from outstanding stock options 128,167 141,956 ------------ ------------ b-Totals 18,914,889 18,781,250 ============ ============ c-Net Income Applicable to Common Stock $ 5,294,621 $ 3,862,836 ============ ============ Net Income Per Share Basic - c/a $ 0.28 $ 0.21 ============ ============ Net Income Per Share assuming full dilution c/b $ 0.28 $ 0.21 ============ ============