Atlantic Telecom Grp - Nine Months Results
January 26 1999 - 7:36AM
UK Regulatory
RNS No 6581m
ATLANTIC TELECOM GROUP PLC
26th January 1999
ATLANTIC TELECOM GROUP PLC
TELECOMMUNICATIONS OPERATING STATISTICS FOR THE NINE MONTHS ENDED 31
DECEMBER 1998
The Board of Atlantic Telecom Group PLC ("Atlantic" or "the Group")
is pleased to announce the Group's telecommunications operating
statistics for the nine-months ended 31 December 1998.
The total lines installed and pending installation at 31 December
1998 were 43,936 an increase of 3,931 in the quarter since 30
September 1998.
The operating statistics are summarised below. The detail is
attached: -
At 31 Dec At 30 Sept
1998 1998
a) Atlantic Telecommunications Ltd
Lines installed and pending installation* 27,506 23,753
b) Logicall Telecommunications Ltd
Lines installed and pending installation 16,430 16,252
43,936 40,005
* Includes both direct and indirect installations and pending installations
The number of lines on the Group's fixed radio access ("FRA")
networks, which are included in the above figures, has reached 21,123
at 31 December compared to 18,170 at 30 September and 15,568 at 30
June. This accelerating growth is due to an increase in the size of
the networks, which has resulted in higher demand.
The average revenue per business customer per month on the FRA
networks has averaged #86.34 per month over the nine-month period, a
slight decrease from #89.06 per month for the six-month period to 30
September, caused by a change in mix as we move into new areas.
Business churn was 16.8% on an annualised basis, a marginal increase
on last quarters annualised amount. The average revenue per
residential customer per month has remained steady and has averaged
#35.77 per month over the nine-month period. Churn in the residential
market has shown a significant fall to 12.1% in the nine-month period
calculated on an annualised basis.
Fifteen days before the end of the quarter, we launched service in
the City of Dundee. During December, we also launched service in
Paisley, part of Greater Glasgow. Initial take up in these areas has
been encouraging. There is continuing growth on the Glasgow City
network and Aberdeen has had an encouraging quarter. Although a
number of customers remain on the Crest service in Aberdeen, we are
actively working to migrate them onto the radio network where it is
available. The Crest service customers in Aberdeen taken together
with the FRA customers have delivered a telecommunications
penetration in the City of close to 5%, over a relatively short time
period.
Logicall Telecommunications Limited, the Group's management and least cost
routing company which targets larger business customers, has increased its
lines from 16,252 at 30 September 1998 to 16,430 at 31 December 1998. The
"Crest" indirect residential service has had another good quarter that has
seen its lines increase by 800 to reach 6,383 at 31 December.
Commenting, Graham J Duncan, Executive Chairman stated:
"This quarter has seen an accelerating growth in the lines on our fixed radio
access networks consistent with the growth in the network builds. We are now
operational in three of our four target cities and remain committed to an
early service launch in Edinburgh. Underlying penetration on the Glasgow City
network has increased from 3.62% at 30 September to 3.94% at 31 December, a
most encouraging result, helped in part by a new in-house call centre which
opened on 1 December. Take up in our newest areas remains encouraging with a
healthy increase in the level of demand for our services since the beginning
of the New Year"
ENQUIRIES
Graham J Duncan
Executive Chairman
Atlantic Telecom Group PLC
Tel: 01224 454000
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 nine-month period ended 31
December 1998, for the six-month period ended 30 September 1998 and for the
three month period ended 30 June 1998.
As of and for the periods ended
30 June 30 Sept 31 Dec
1998 1998 1998
Direct Telecommunications
(Atlantic Telecom FRA Service)
Residential Customer Data
Estimated residential homes passed (1) 200,000 283,167 376,066
Residential customers 6,550 7,533 8,944
Residential customer lines(2) 12,408 14,648 17,282
Penetration rate of estimated
residential homes passed (3) 3.3% 2.5% 2.4%
Average lines per residential
customer (4) 1.89 1.94 1.93
Average monthly revenue per residential
customer(5) #35.80 #35.81 #35.77
Residential customer churn(7) 16.09% 16.44% 12.06%
Business Customer Data
Estimated business premises passed(1) 21,000 26,186 29,111
Business customers 1,040 1,084 1,258
Business customer lines(2) 3,160 3,522 3,841
Penetration rate of estimated business
premises passed(3) 5.0% 4.1% 4.3%
Average lines per business customer(4) 3.04 3.25 3.05
Average monthly revenue per business
customer(6) #91.81 #89.06 #86.34
Business customer churn(7) 10.30% 15.12% 16.82%
Network Data
Number of base stations 42 61 77
Indirect Telecommunications
(Atlantic Telecom Crest Service)
Residential customers 4,331 5,319 6,026
Residential customer lines(2) 4,515 5,583 6,383
Average lines per residential customer(4) 1.04 1.05 1.06
Average monthly revenue per customer(5) #10.62 #9.46 #11.08
Least-Cost Routing (Atlantic Logicall)
Business customers 436 564 570
Business customer lines(2) 15,238 16,252 16,430
Average lines per business customer(4) 34.9 28.8 28.8
Average monthly revenue per business
customer(6) #876.91 #884.70 #823.17
Average monthly revenue per business
line(6) #39.62 #38.43 #34.30
TOTAL TELECOMMUNICATIONS LINES 35,321 40,005 43,936
(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 networks 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 active customers
(calculated as a simple average of the number of active 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 active business customers or lines (calculated as a
simple average of the number of active 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) 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 31 December 1998 is annualised by multiplying the amount
calculated by 4 and dividing it by 3. Churn for the six months ended 30
September 1998 is annualised by multiplying the amount calculated as above
by 2. Churn for the three months ended 30 June 1998 is annualised by
multiplying the amount calculated as above by 4.
END
MSCNFFFKALNNEFN
Aterian (LSE:ATN)
Historical Stock Chart
From Jun 2024 to Jul 2024
Aterian (LSE:ATN)
Historical Stock Chart
From Jul 2023 to Jul 2024