1st Quarter Results
July 26 2001 - 3:00AM
UK Regulatory
RNS Number:5177H
Atlantic Telecom Group PLC
26 July 2001
NEWS RELEASE
ATLANTIC TELECOM GROUP PLC
OPERATING STATISTICS FOR QUARTER ENDED 30 JUNE 2001
26 July 2001
Atlantic Telecom Group PLC ('Atlantic') today announces an encouraging set of
operating statistics for the first quarter ended 30 June 2001. As previously
announced, Atlantic has taken various steps to reduce its exposure to the
residential market and these steps have been successfully implemented.
Highlights during the quarter
* Total business lines across the group increase by 3,972 during the
quarter to 92,613.
* 35 European ISP and carrier wholesale partners have signed framework
agreements for up to 9,460 lines, a significant increase from 29
agreements and 8,650 lines at end March.
* UK directly connected business lines increased to 11,374 from 10,677,
with 3.7 lines per customer (up from 3.4 at 31 March).
* Directly connected retail SME lines in Germany and the Netherlands
increased to 306, compared to 107 at 31 March.
* Directly connected wholesale DSL lines installed and pending
installation increased to 403 from 282.
* Retail DSL partner programme introduced in Germany. 42 partners signed
up by 30 June to sell Atlantic retail DSL services
* 622 installed colocations in Germany and the Netherlands, 351 of which
are ready for service, up from 245 in the previous quarter.
Commenting on the statistics for the quarter, Atlantic's Executive Chairman
Graham J Duncan said:
"Our operating statistics for the quarter are in line with the indications
given at the full year results at the end of June. We are continuing to
achieve growth in our market of directly connected SMEs.
"This has been particularly noticeable in Germany and the Netherlands, where
retail DSL lines, which are our highest revenue product, increased almost
threefold over the quarter.
"Our strategy in the UK continues to be to recruit a smaller base of higher
revenue business customers, and I am satisfied that this is also being
delivered. The business continues to progress well in a market that continues
to experience substantial demand.
"In the Netherlands, where we are still building out the networks,
installation of the remaining 51 colocations will commence in August. Once
fully installed, our networks in the UK, Germany and Holland will provide the
Group with a total addressable market of around 1.3 million SME customers.
"Moving forwards, our priority is to focus on customer acquisition and
retention, and to increase the revenue from directly connected business
customers as a result of the investment we have made in our infrastructure.
"We continue to work towards concluding the negotiations for the sale of our
residential indirect business, and we hope to make a formal announcement
shortly."
ENDS
For further information contact:
Graham J Duncan, Executive Chairman, Atlantic Telecom 01224 454000
Susy Atkinson, Director of Corporate Affairs, Atlantic Telecom 0141 403 4747
07808 397374
Patrick Toyne Sewell, Citigate Dewe Rogerson 020 7638 9571
ATLANTIC TELECOM GROUP PLC
Certain Operating Data (9)
The following table sets forth certain data concerning the Group's
telecommunications operations as of and for the three-month period ended 30
June 2001, the twelve-month period ended 31 March 2001, and for the nine-month
period ended 31 December 2000.
As of and for the periods ended
31 December 31 March 30 June
2000 2001 2001
Direct Telecommunications
Business Customer Data (UK)
Estimated business premises passed (1) 43,213 45,103 45,103
Business customers (2) 3,042 3,100 3,065
Business customer lines (2) 9,734 10,677 11,374
Penetration rate of estimated business
premises passed (3) 7.0% 6.9% 6.8%
Average lines per business customer (4) 3.48 3.44 3.71
Business customer churn (5) 18.65% 14.56% 12.95%
Business Customer Data (Germany and Holland)
Estimated business premises passed (1) (7) NR 301,800 419,000
Business DSL retail lines (2) NR 107 306
Business DSL wholesale lines (2) NR 282 403
Penetration rate of estimated business
premises passed (3) NR 0.13% 0.17%
Retail partners NR NR 42
Wholesale partners NR 29 35
DSL wholesale customer lines (10) NR 8,650 9,460
Residential Customer Data (UK)
Estimated residential homes passed (1) 762,860 810,107 810,107
Residential customers (2) 24,686 20,545 18,293
Residential customer lines (2) 49,152 41,202 35,931
Penetration rate of estimated residential 3.2% 2.5% 2.3%
homes passed (3)
Average lines per residential customer (4) 1.99 2.01 1.96
Residential customer churn (5) (8) 16.76% 15.92% 23.58%
TOTAL DIRECTLY CONNECTED BUSINESS LINES 9,734 11,066 12,083
Network Data
Number of active base stations in UK 142 148 148
Installed co-locations in Germany 331 558 568
Ready-for- service co-locations in Germany 141 239 312
Installed co-locations in Holland 17 54 54
Ready-for -service co-locations in Holland 1 6 39
Indirect Telecommunications
Business customers (2) 14,259 11,823 12,911
Business customer lines (2) 90,485 77,575 80,530
Average lines per business customer (4) 6.35 6.56 6.24
Residential customers (2) 236,135 173,175 157,129
Residential customer lines (2) 236,480 173,255 157,201
Average lines per residential customer (4) 1.00 1.00 1.00
TOTAL BUSINESS LINES (DIRECT & INDIRECT) 100,219 88,641 92,613
Call by Call Telecommunications (Germany)
Active customers (6) 127,932 129,479 117,556
(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. It excludes 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. Suspended customers are
treated as disconnected after a maximum period of 6 months.
(3) The 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 number of 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 the 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 December 2001 and 31 March 2001 and 30 June 2001.
(6) Customers who use the service on an individual call basis at some point
during the quarter.
(7) The business premises passed figure has been recounted in the quarter to
31 December and the comparative figures have been adjusted to reflect the
re-evaluation.
(8) Excludes customers disconnected as a result of restructuring. Churn
figures therefore represent customers who have elected to discontinue service.
(9) The figures at 31 March 2001 exclude the operations in France, which were
disposed of on 29 March 2001
(10) DSL wholesale customer lines represents lines under framework agreements.
Framework agreements are carrier/ISP's estimates of the take-up by customers
over a given period.
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