Atlantic Telecom Grp - 3 Qtr. Operating Statistics
January 13 2000 - 2:02AM
UK Regulatory
RNS Number:6975D
Atlantic Telecom Group PLC
13 January 2000
CONTINUING GROWTH IN LINES AT ATLANTIC TELECOM
QUARTER ENDED 31 DECEMBER 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
third quarter, ended 31 December 1999.
Highlights
- Total lines installed and pending installation have
risen to 89,980, an increase of 8,181 in the quarter. This
compares favourably with an increase of 3,931 in the
equivalent period last year.
- Directly connected network lines have shown an
increase of 5,026 to reach 44,247.
- Churn remains subdued with business churn marginally
increased to 15.17% compared to the previous quarter and
residential churn marginally increased to 14.15% for the
twelve month period ended 31 December 1999
- Our indirect access business, which covers our Crest
and Logicall services, took its combined line count to
45,733 compared to 42,578 at 30 September.
Graham J Duncan, Executive Chairman of Atlantic Telecom,
commented:
"Our continued growth this quarter has remained very encouraging,
particularly in our directly connected lines, in what is a
traditionally difficult period. We are very encouraged by the
growth of over 5,000 directly connected lines in the period, and
along with the indirectly connected lines, the total increase of
8,181 in the quarter is significantly ahead of the equivalent
period last year.
As we enter the Millennium, we are pleased to report that we
encountered no adverse consequences as a result of the Year 2000
date change.
We look forward to accelerating our growth following the
successful equity fund raising which was concluded at the end of
last year."
For further information please contact:
Gordon B Sleigh, Group Managing Director,
Atlantic Telecom Group
PLC
Tel: 01224 454000
Patrick Toyne Sewell, Citigate Dewe Rogerson
Tel: 0171 282 8000
ATLANTIC TELECOM GROUP PLC
TELECOMMUNICATIONS OPERATING STATISTICS FOR THE QUARTER
ENDED 31 DECEMBER 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 31 December 1999.
The total lines installed and pending installation at 31 December
1999 have risen to 89,980, an increase of 8,181 in the quarter
since 30 September 1999, well ahead of the equivalent quarter
last year when the growth was 3,931 lines.
The operating statistics are summarised below. The detail is
attached: -
At 31 Dec. At 30 Sept.
1999 1999
a) Directly Connected Lines
Lines installed &
pending installation 44,247 39,221
b) Indirectly Connected Lines
Lines installed &
pending installation 45,733 42,578
89,980 81,799
The number of direct lines on the Group's networks has reached
44,247 at 31 December compared to 39,221 at 30 September, an
increase of 5,026 in the quarter, compared to a growth of 2,953
in the equivalent quarter last year.
Business churn was 15.17% for the twelve months ended 31 December
1999, compared to 14.94% for the twelve-month period to 30
September 1999. Churn in the residential market continues at low
levels and was 14.15% in the twelve-month period to 31 December
1999, compared to 13.19% for the twelve-month period ended 30
September 1999.
The Group's indirectly connected lines, as shown above, cover
both the Crest and Logicall services. The Logicall business has
recently been integrated into our main operating company,
Atlantic Telecommunications Limited, and for this and future
quarters, we are reporting our Logicall lines and Crest service
lines in combined format. Crest provides indirect services to
the residential market, Logicall provides indirect services to
the business market, both grew over the quarter and at 31
December 1999, we had 45,733 indirectly connected lines compared
to 42,578 at 30 September 1999.
Network build for the quarter has accelerated compared to last
quarter and at 31 December 1999, there were 128 base stations
installed an increase of 10 in the quarter. However, as part of
our operational strategy for the Year 2000 date change, we
applied a freeze on activation of new base stations between mid
December and mid January. In effect this meant we held back 6
base stations from active service until the end of January. These
base stations would have otherwise been activated just before 1
January 2000. Accordingly, at 31 December 1999, there were 122
active base stations and the other 6 will be brought into service
before the end of January.
Commenting, Graham J Duncan, Executive Chairman stated:
"Our continued growth this quarter has remained very encouraging,
particularly in our directly connected lines, in what is a
traditionally difficult period. We are very encouraged by the
growth of over 5,000 directly connected lines in the period, and
along with the indirectly connected lines, the total increase of
8,181 in the quarter is significantly ahead of the equivalent
period last year.
As we enter the Millennium, we are pleased to report that we
encountered no adverse consequences as a result of the Year 2000
date change.
We look forward to accelerating our growth following the
successful equity fund raising which was concluded at the end of
last year."
Enquiries:
Gordon B Sleigh
Group Managing Director
Atlantic Telecom Group PLC
Tel: 01224 454000
Patrick Toyne Sewell
Citigate Dewe Rogerson
Tel: 0171 282 2889
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 nine-
month period ended 31 December 1999, the six-month period ended
30 September 1999, and for the three-month period ended 30 June
1999.
As of and for the periods ended
30 June 30 Sept 31 Dec
1999 1999 1999
Direct Telecommunications
Business Customer Data
Estimated business
premises passed (1) 33,621 36,826 38,321
Business
customers (2) 1,591 1,687 1,834
Business customer
lines (2) 5,448 5,892 6,537
Penetration rate
of estimated business
premises passed (3) 4.7% 4.6% 4.8%
Average lines
per business customer (4) 3.42 3.49 3.56
Business customer churn (5) 15.46% 14.94% 15.17%
Residential Customer Data
Estimated residential
homes passed (1) 551,530 613,014 639,693
Residential
customers (2) 13,561 16,775 18,976
Residential
customer lines (2) 26,753 33,329 37,710
Penetration rate
of estimated
residential homes
passed (3) 2.5% 2.7% 3.0%
Average lines per
residential customer (4) 1.97 1.99 1.99
Residential customer
churn (5) 13.56% 13.19% 14.15%
Network Data
Number of active
base stations 103 118 122
Indirect Telecommunications
Business customers (2) 753 954 1,042
Business customer
lines (2) 19,198 20,022 20,984
Average lines per
business customer (4) 25.50 20.99 20.14
Residential
customers (2) 15,542 22,464 24,642
Residential customer
lines (2) 15,594 22,556 24,749
Average lines per
residential customer (4) 1.00 1.00 1.00
TOTAL TELE-
COMMUNICATIONS LINES 66,993 81,799 89,980
(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 30 June 1999, 30 September 1999 and 31 December
1999.
END
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