Atlantic Telecom Grp - 2nd Qtr.Operating Statistics
October 07 1999 - 3:01AM
UK Regulatory
RNS No 6669w
ATLANTIC TELECOM GROUP PLC
7 October 1999
ATLANTIC TELECOM GROUP PLC
RECORD GROWTH IN LINES AT ATLANTIC TELECOM
QUARTER ENDED 30 SEPTEMBER 1999
Atlantic Telecom Group PLC, the innovative
provider of high quality, value-added
telecommunications services, is pleased to
announce its telecommunications operating
statistics for its second quarter, ended 30
September 1999.
Highlights
* Total lines installed and pending
installation have risen to 81,799, an
increase of 14,806 in the quarter
* Directly connected network lines have shown
a record increase of 7,020 to reach 39,221.
This increase is over 800 lines ahead of
last quarter's increase of 6,197
* Churn has been very subdued over the summer
quarter with business churn down by 0.52%
to 14.94% and residential churn marginally
improved at 13.19% for the twelve month
period ended 30 September 1999
* The "Crest" indirect service has had
another substantial quarter with lines
increasing to 23,476 from 16,137.
* Atlantic Logicall has increased its lines
to 19,102 from 18,655 at 30 June 1999
Graham J Duncan, Executive Chairman of Atlantic
Telecom, commented:
"This quarter has again been a significant one
for the Group, with a continuing acceleration in
customers and customer lines. The summer quarter
is usually slower because of holidays but that
has been less noticeable this year. Our growth
over this period is, therefore, particularly
encouraging. In the next quarter period, we
expect further progress in October and November
whilst anticipating a quiet December because of
the Christmas period, in line with our business
plan."
For further information please contact:
Graham J Duncan, Executive Chairman, Atlantic
Telecom Group PLC
Tel: 01224 454000
Patrick Toyne Sewell, Citigate Dewe Rogerson
Tel: 0171 638 9571
ATLANTIC TELECOM GROUP PLC
TELECOMMUNICATIONS OPERATING STATISTICS FOR THE QUARTER
ENDED 30 SEPTEMBER 1999
The Board of Atlantic Telecom Group PLC ("Atlantic" or "the
Group") is pleased to announce the Group's telecommunications
operating statistics for the quarter ended 30 September 1999.
The total lines installed and pending installation at 30
September 1999 have risen to 81,799, an increase of 14,806 in the
quarter since 30 June 1999 and well ahead of the equivalent
quarter last year when the growth was 4,684 lines.
The operating statistics are summarised below. The detail is
attached: -
At At
30/9/99 30/6/99
a)Atlantic
Tele-
Communications
Ltd
Lines
Installed &
Pending
installation* 62,697 48,338
b)Logicall
Tele-
Communications
Ltd.
Lines
Installed &
Pending
installation 19,102 18,655
----- -----
81,799 66,993
----- -----
*Includes both direct and indirect installations and pending
installations
The number of direct lines on the Group's networks, which are
included in the above figures, has reached 39,221 at 30 September
compared to 32,201 at 30 June, a record increase of 7,020 in the
quarter, compared to a growth of 6,197 last quarter.
Business churn was 14.94% for the twelve months ended 30
September 1999, an improvement of 0.52% on the twelve-month
period to 30 June 1999. Churn in the residential market
continues at low levels and was 13.19% in the twelve-month period
to 30 September 1999, a slight improvement on the churn for the
twelve-month period ended 30 June 1999.
Logicall Telecommunications Limited, the Group's management and
least cost routing company which targets larger business
customers, continues to grow its line base. At 30 September 1999
Logicall had 19,102 lines under management, compared to 18,655 at
30 June 1999.
The "Crest" indirect residential and business service has had an
excellent quarter that has seen its lines increase by 7,339 to
reach 23,476 at 30 September.
Network build for the quarter has accelerated compared to last
quarter and at 30 September 1999, there was 118 base stations in
operation, compared to 103 at 30 June 1999.
Commenting, Graham J Duncan, Executive Chairman stated:
"This quarter has again been a significant one for the Group,
with a continuing acceleration in customers and customer lines.
The summer quarter is usually slower because of holidays but that
has been less noticeable this year. Our growth over this period
is, therefore, particularly encouraging. In the next quarter
period, we expect further progress in October and November whilst
anticipating a quiet December because of the Christmas period, in
line with our business plan."
ATLANTIC TELECOM GROUP PLC
Certain Operating Data
The following table sets forth certain data concerning the
Group's telecommunications operations as of and for the six-month
period ended 30 September 1999, the three-month period ended 30
June 1999, and for the twelve-month period ended 31 March 1999.
As of and for the periods ended
31 Mar, 30 Jun 30 Sept
1999 1999 1999
Direct
Tele-
Communications
(Atlantic
Telecom
FRA
Service)
Residential
Customer
Data
Estimated
Residential
Homes
passed (1) 533,323 551,530 613,014
Residential
customers (2) 11,154 13,561 16,775
Residential
Customer
lines (2) 21,773 26,753 33,329
Pene-
tration
rate
of
estimated
residential
homes
passed (3) 2.1% 2.5% 2.7%
Average
Lines
Per
Residential
customer (4) 1.95 1.97 1.99
Residential
Customer
churn (5) 13.50% 13.56% 13.19%
Business
Customer
Data
Estimated
Business
Premises
passed (1) 32,390 33,621 36,826
Business
customers (2) 1,324 1,591 1,687
Business
Customer
lines (2) 4,231 5,448 5,892
Penetration
rate of
estimated
business
premises
passed (3) 4.1% 4.7% 4.6%
Average
lines per
business
customer (4) 3.19 3.42 3.49
Business
Customer
churn (5) 14.99% 15.46% 14.94%
Network
Data
Number
of base
stations 101 103 118
Indirect
Tele-
Communications
(Atlantic
Telecom
Crest
Service)
Residential
customers (2) 7,930 15,542 22,464
Residential
Customer
lines (2) 8,303 15,594 22,556
Average
lines per
residential
customer (4) 1.05 1.00 1.00
Business
customers (2) 41 166 361
Business
Customer
lines (2) 242 543 920
Average
lines per
business
customer (4) 5.90 3.27 2.55
Tele-
Communications
Management
& Least-
Cost
Routing
(Atlantic
Logicall)
Business
customers (2) 597 587 593
Business
Customer
lines (2) 17,663 18,655 19,102
Average
lines per
business
customer (4) 29.6 31.8 32.2
TOTAL
TELE-
COMMUNICATIONS
LINES 52,212 66,993 81,799
(1) Estimated homes passed or estimated business premises passed
is the Company's estimate of the residential homes or business
premises seen by the direct networks which are capable of
connection to a base station or to a fibre network excluding
certain multiple dwelling units which the Company does not
presently serve.
(2) Residential or business customers or residential or business
customer lines represent the number of customers or lines which
are connected and in service, the number of customers or lines
for which customers, where applicable, have contracted for
service but are not yet connected and the number of customers or
lines where service has been suspended but the customers or lines
have not yet been disconnected.
(3) Penetration rate of estimated homes or estimated business
premises passed is calculated by dividing the number of
residential customers or business customers on the given date by
the estimated homes or estimated business premises passed as of
such date, expressed as a percentage.
(4) The average lines per customer is calculated by dividing the
number of lines on a given date by the number of customers on
that date.
(5) Churn is calculated by dividing net disconnections (total
disconnections less the number of disconnected accounts for which
service is later restored and disconnections for customers moving
premises and reconnecting at their new premises) in a period by
the average number of customers in the period (calculated as the
simple average of the number of customers at the end of each
month during the period.) Churn is expressed on a rolling twelve-
month basis, meaning that the churn is calculated over the twelve
months ended on 31 March 1999, 30 June 1999 and 30 September
1999.
END
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