Atlantic Telecom Grp - 4th Qrtr Operating Statistics
April 06 2000 - 3:04AM
UK Regulatory
RNS Number:6147I
Atlantic Telecom Group PLC
6 April 2000
ACCELERATING GROWTH IN LINES AT ATLANTIC TELECOM
QUARTER ENDED 31 MARCH 2000
Atlantic Telecom Group PLC, the innovative provider of high quality,
value-added telecommunications services, today reports its
telecommunications operating statistics for its fourth quarter,
ended 31 March 2000.
Highlights
Total lines installed and pending installation have risen to
98,272 an increase of 8,292 in the quarter and ahead of last
quarter's growth.
Directly connected network lines have grown significantly by
7,712, to reach 51,959, the largest quarterly increase in the
Group's history.
Churn remains in line with expectations with business churn of
16.87% and residential churn increasing to 16.77% for the twelve-
month period ended 31 March 2000, comfortably within our anticipated
range.
Our indirect access business, which covers our Crest and
Logicall services, increased its combined line count to 46,313,
compared to 45,733 at 31 December.
Graham J Duncan, Executive Chairman of Atlantic Telecom, commented:
"Our continued expansion this quarter has remained very pleasing.
The beginning of the quarter started slowly, due to the extended
Millenium break, but demand has picked up since then and March has
shown particularly strong growth. We are very encouraged by the
increase of over 7,700 directly connected lines in the quarter
period, the highest quarterly direct line growth in the Group's
history. We continue to concentrate most of our efforts on our
directly connected customers.
The network build has improved this quarter, and 11 new base
stations were activated in the period. With over 735,000 premises
now passed by our four Scottish networks, we have achieved our aim
of completing the main areas we sought to build-out in Scotland.
From this point forward, any further Scottish build will be aimed at
filling in gaps in our network coverage.
As we look forward to building out the first of our English networks
we can confirm that the network in Manchester remains on track to
launch commercial services in July. I am pleased to confirm that
our high speed data service, at up to 2.4 Mbs, is also expected to
launch this month, initially in Glasgow, and full details of the
service will be announced shortly."
For further information please contact:
Graham J Duncan, Executive Chairman, Atlantic Telecom Group PLC
Tel: 01224 454000
Patrick Toyne-Sewell/Sara Thomas, Citigate Dewe Rogerson
Tel: 020 7638 9571
ATLANTIC TELECOM GROUP PLC
TELECOMMUNICATIONS OPERATING STATISTICS FOR THE QUARTER
ENDED 31 MARCH 2000
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 March 2000.
The total lines installed and pending installation at 31 March 2000
have risen to 98,272, an increase of 8,292 in the quarter since 31
December 1999.
The operating statistics are summarised below. The detail is
attached: -
At 31 MarAt 31 Dec
2000 1999
a) Directly Connected
Lines
Lines installed and
pending installation 51,959 44,247
b) Indirectly Connected
Lines
Lines installed and
pending installation 46,313 45,733
98,272 89,980
The number of direct lines on the Group's networks has reached
51,959 at 31 March compared to 44,247 at 31 December, an increase of
7,712 in the quarter, significantly ahead of the growth of 5,026
last quarter and the highest growth of any quarter in the Group's
history.
Business churn was 16.87% for the twelve months ended 31 March 2000,
compared to 15.17% for the twelve-month period to 31 December 1999.
Churn in the residential market was 16.77% in the twelve-month
period to 31 March 2000, compared to 14.15% for the twelve-month
period ended 31 December 1999. These figures are comfortably within
our expectations.
The Group's indirectly connected lines, as shown above, cover both
the Crest and Logicall services. At 31 March 2000, we had 46,313
indirectly connected lines compared to 45,733 at 31 December 1999.
Network activation for the quarter has accelerated compared to last
quarter and at 31 March 2000, there were 133 base stations in
service an increase of 11 in the quarter. In total the base stations
pass over 735,000 sets of premises across the four Scottish cities
where we have direct services available.
Graham J Duncan, Executive Chairman of Atlantic Telecom, commented:
"Our continued expansion this quarter has remained very pleasing.
The beginning of the quarter started slowly, due to the extended
Millennium break, but demand has picked up since then and March has
shown particularly strong growth. We are very encouraged by the
increase of over 7,700 directly connected lines in the quarter
period, the highest quarterly direct line growth in the Group's
history. We continue to concentrate most of our efforts on our
directly connected customers.
The network build has improved this quarter, and 11 new base
stations were activated in the period. With over 735,000 premises
now passed by our four Scottish networks, we have achieved our aim
of completing the main areas we sought to build-out in Scotland.
From this point forward, any further Scottish build will be aimed at
filling in gaps in our network coverage.
As we look forward to building out the first of our English networks
we can confirm that the network in Manchester remains on track to
launch commercial services in July. I am pleased to confirm that
our high speed data service, at up to 2.4 Mbs, is also expected to
launch this month, initially in Glasgow, and full details of the
service will be announced shortly."
Enquiries:
Graham J Duncan
Executive Chairman
Atlantic Telecom Group PLC
Tel: 01224 454000
Patrick Toyne-Sewell/Sara Thomas
Citigate Dewe Rogerson
Tel: 020 7638 9571
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 twelve-month period
ended 31 March 2000, the nine-month period ended 31 December 1999,
and for the six-month period ended 30 September 1999.
As of and for the periods ended
30 September31 December31 March
1999 1999 2000
Direct Telecommunications
Business Customer Data
Estimated business
premises passed (1) 36,826 38,321 41,921
Business customers (2) 1,687 1,834 1,959
Business customer lines (2) 5,892 6,537 7,276
Penetration rate of
estimated business
premises passed (3) 4.6% 4.8% 4.7%
Average lines per
business customer (4) 3.49 3.56 3.71
Business customer churn (5) 14.94% 15.17% 16.87%
Residential Customer Data
Estimated residential
homes passed (1) 613,014 639,693 693,804
Residential customers (2) 16,775 18,976 22,435
Residential customer
lines (2) 33,329 37,710 44,683
Penetration rate of
estimated residential
homes passed (3) 2.7% 3.0% 3.2%
Average lines per
residential customer (4) 1.99 1.99 1.99
Residential customer
churn (5) 13.19% 14.15% 16.77%
Network Data
Number of active
base stations 118 122 133
Indirect Telecommunications
Business customers (2) 954 1,042 1,054
Business customer lines (2) 20,022 20,984 21,360
Average lines per
business customer (4) 20.99 20.14 20.27
Residential customers (2) 22,464 24,642 24,816
Residential customer lines (2) 22,556 24,749 24,953
Average lines per
residential customer (4) 1.00 1.00 1.01
TOTAL TELECOMMUNICATIONS LINES 81,799 89,980 98,272
(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 September 1999, 31 December 1999 and 31 March
2000.
END
MSCEAKLKELKEEEE
Aterian (LSE:ATN)
Historical Stock Chart
From Jun 2024 to Jul 2024
Aterian (LSE:ATN)
Historical Stock Chart
From Jul 2023 to Jul 2024