Atlantic Telecom Grp - 4th Quarter & Final Results
May 14 1998 - 3:33AM
UK Regulatory
RNS No 4391q
ATLANTIC TELECOM GROUP PLC
14th May 1998
Atlantic Telecom Group Plc
Telecommunications Operating Statistics For
The Quarter And Year Ended 31 March 1998
The Board of Atlantic Telecom Group PLC ("Atlantic" or
"the Group") is pleased to announce the Group's
telecommunications operating statistics for the quarter
and the year ended 31 March 1998.
The operating statistics are summarised below. The detail
is attached:-
At 31 At 31 Dec At 31
March 1997 March
1997 1998
a) Atlantic
Telecommunications Ltd
Lines installed and
pending 5,100 15,417 17,612
installation*
b) Logicall
Telecommunications Ltd
Lines installed and
pending 4,222 7,672 13,471
installation
9,322 23,089 31,083
*Includes both direct and indirect installations and
pending installations.
The average revenue per business customer per month on the
Fixed Radio Access network in Glasgow has increased to
#89.63 averaged across the year ended 31 March 1998
compared to an annualised figure of #85.54 for the nine
months to 31 December 1997. Nearly 22% of all lines in
Glasgow are business lines. Business churn has averaged
9.8% for the year ended 31 March 1998 compared to the
annualised equivalent of 9.0% for the nine months to 31
December 1997. The average revenue per residential
customer per month on the Glasgow network has averaged
#35.60 across the year, a slight reduction from the
annualised figure of #37.60 for the nine months to 31
December 1997. Residential churn for the year has
reduced to 17.0% compared to the annualised equivalent of
17.9% for the nine months to 31 December 1997.
Penetration has now reached 3% on the Glasgow network
taking into account both business and residential
customers. This has been reached after just 17 months of
operations, much faster than anticipated. Although no new
network was built in the last quarter, the Group has again
expanded the capacity of the network to allow for further
growth and at 31 March 1998 the network base stations had
excess capacity of 47.9% compared to the installed line
base on the same date, allowing the Company to
significantly expand its installed base without capacity
limitations.
Logicall Telecommunications Ltd has seen quarterly growth of over
75% as it has been particularly successful at attracting a
growing number of large company clients. This growth is
significantly higher than any previous quarter.
Commenting, Graham J Duncan, Executive Chairman stated, "We are
pleased that the increase in penetration to 3% in the Fixed Radio
Access business in Glasgow was achieved in the quarter to 31
March 1998. This is comfortably ahead of our expectations. The
growth in line numbers at Logicall has also been most
encouraging."
ENQUIRIES
Graham J. Duncan
Executive Chairman
Atlantic Telecom Group PLC
Tel: 01224 646644
http://www.atlantic-telecom.co.uk
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 year
ended March 31, 1998, for the nine month period ended December
31, 1997 and the twelve month period ended March 31, 1997.
As of and for the periods ended
March 31,December31, March 31,
1997 1997 1998
Direct Telecommunications (Atlantic Telecom FRA Service)
Residential Customer Data
Estimated residential homes passed (1) 90,000 200,000 200,000
Residential customers....................2,077 5,096 5,684
Residential customer lines(2)........... 3,802 9,684 10,637
Penetration rate of estimated
residential homes passed (3)......... 2.3% 2.5% 2.8%
Average lines per residential
customer (4)............... 1.83 1.90 1.87
Average monthly revenue per residential
customer(5)......... #47.74 #37.60 #35.60
Residential customer churn(8)........... 2.31% 17.88% 16.99%
Business Customer Data
Estimated business premises passed(1)....9,500 21,000 21,000
Business customers....................... 399 818 951
Business customer lines(2)...............1,298 2,517 2,945
Penetration rate of estimated business
premises passed(3)......... 4.2% 3.9% 4.5%
Average lines per business customer(4)....3.25 3.09 3.10
Average monthly revenue per business
customer(6).......... #71.03 #85.54 #89.63
Business customer churn(8)............. 2.41% 8.98% 9.82%
Network Data
Number of base stations.....................30 42 42
Excess base station capacity(7)..........62.5% 42.8% 47.9%
Indirect Telecommunications (Atlantic Telecom Crest Service)
Residential customers....................... - 3,179 3,922
Residential customer lines(2)........... - 3,216 4,030
Average lines per residential customer(4). 1.01 1.03
Average monthly revenue per customer(5)......- #12.24 #11.59
Least-Cost Routing (Atlantic Logicall)
Business customers........................ 164 255 393
Business customer lines(2)............. 4,222 7,672 13,471
Average lines per business customer(4)....30.4 28.0 34.3
Average monthly revenue per business
customer(6)........... #982.27 #979.29 #955.35
Average monthly revenue per business
line(6).............. #35.96 #37.60 #37.72
Total Telecommunications Lines..................9,322 23,089 31,083
____________________
(1) Estimated homes passed or estimated business premises
passed is the Company's estimate of the residential homes or
business premises seen by the FRA network which are capable of
connection to a base station excluding certain multiple
dwelling units which the Company does not presently serve.
(2) Residential or business customer lines represent the
number of lines which are connected and in service, and the
number of lines for which customers, where applicable, have
paid for service in advance but are not yet connected.
(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) The average monthly revenue per residential customer is
calculated by dividing (a) line and equipment rental, outgoing
call charges and incoming call charges for the period by (b)
the average number of customers (calculated as a simple average
of the number of customers at the beginning and end of each
month during the period) and dividing that amount by the number
of months in the period covered.
(6) The average monthly revenue per business customer or per
business customer line is calculated by dividing (a) line and
equipment rental, outgoing call charges and incoming call
charges for the period by (b) the average number of business
customers or lines (calculated as a simple average of the
number of customers or lines at the beginning and end of each
month during the period) and dividing that amount by the number
of months in the period covered.
(7) Excess base station capacity means the theoretical
installed capacity of the network base stations in excess of
the number of installed lines ignoring any limitations inherent
in the backhaul network, expressed as a percentage.
(8) 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
for the nine months ended December 31 1997 is annualised by
multiplying the amount calculated as above by 11/3.
END
QRRDLGMKNFNLRMM
Aterian (LSE:ATN)
Historical Stock Chart
From Jun 2024 to Jul 2024
Aterian (LSE:ATN)
Historical Stock Chart
From Jul 2023 to Jul 2024