Atlantic Telecom Grp - 1st Quarter Operating Stats.
July 07 1999 - 3:31AM
UK Regulatory
RNS No 0180c
ATLANTIC TELECOM GROUP PLC
7 July 1999
ATLANTIC TELECOM GROUP PLC
RECORD GROWTH IN LINES AT ATLANTIC TELECOM
QUARTER ENDED 30 JUNE 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 first quarter, ended
30 June 1999.
Highlights
* Total lines installed and pending installation have risen
over 28% to 66,993, a record increase of 14,781 in the quarter
* Directly connected network lines have increased sharply by
6,197 to 32,201
* Penetration continues to increase with business
penetration now at 4.7% and residential penetration at 2.5%,
measured across all the networks
* The "Crest" indirect service has had an outstanding
quarter with lines increasing over 85% to 16,137 lines
* Atlantic Logicall has increased its lines to 18,655 from
17,663 at 31 March 1999
Graham J Duncan, Executive Chairman of Atlantic Telecom, commented:
" This quarter has been a very significant one for the Group, with a
continuing acceleration in customers and customer lines across all
areas of the business. It is particularly satisfying to see a
continuing growth in penetration across the networks. The high take
up this quarter is, we believe, due to a number of factors:
increasing recognition of the Atlantic brand, which is now well
established in our target markets; an increasing level of sales
coming from recommendations from existing customers; and a focused
strategy to attract customers through an indirect Crest connection in
the first instance. This indirect strategy gives us the opportunity
in the future to convert Crest customers to a direct connection as
the networks expand."
For further information please contact:
Graham J Duncan, Executive Chairman, Atlantic Telecom Group PLC
Tel: 01224 454000
Philip Robinson, Patrick Toyne Sewell, Citigate Dewe Rogerson
Tel: 0171 282 2889
ATLANTIC TELECOM GROUP PLC
TELECOMMUNICATIONS OPERATING STATISTICS FOR THE QUARTER
ENDED 30 JUNE 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 30 June 1999.
The total lines installed and pending installation at 30 June 1999
have risen over 28% to 66,993, a record increase of 14,781 in the
quarter since 31 March 1999. This compares to an increase of 8,276 in
the quarter ended 31 March 1999 and 3,931 in the quarter ended 31
December 1998.
The operating statistics are summarised below. The detail is
attached: -
At 30 June At 31 March
1999 1999
a) Atlantic Telecommunications Ltd.
Lines installed
and pending installation* 48,338 34,549
b) Logicall Telecommunications Ltd.
Lines installed and
pending installation 18,655 17,663
------ ------
66,993 52,212
*Includes both direct and indirect installations and pending
installations
The number of direct lines on the Group's networks, which are
included in the above figures, has reached 32,201 at 30 June compared
to 26,004 at 31 March, an increase of 6,197 or 23.8% in the quarter.
Business churn was 15.46% for the twelve months ended 30 June 1999,
broadly in line with the twelve months to 31 March 1999. Churn in the
residential market continues at low levels and was 13.56% in the
twelve-month period to 30 June 1999, in line with the twelve months
to 31 March 1999.
Logicall Telecommunications Limited, the Group's management and least
cost routing company which targets larger business customers,
continues to grow its line base. At 30 June 1999 Logicall had 18,655
lines under management, an increase of 992 since 31 March 1999.
The "Crest" indirect residential service has had an outstanding
quarter that has seen its lines increase by over 85% to reach 15,594
at 30 June. In addition, the business Crest lines have reached 543 at
30 June 1999 up from 242 at 31 March 1999.
Commenting, Graham J Duncan, Executive Chairman stated:
" This quarter has been a very significant one for the Group, with a
continuing acceleration in customers and customer lines across all
areas of the business. It is particularly satisfying to see a
continuing growth in penetration across the networks. The high take
up this quarter is, we believe, due to a number of factors:
increasing recognition of the Atlantic brand, which is now well
established in our target markets; an increasing level of sales
coming from recommendations from existing customers; and a focused
strategy to attract customers through an indirect Crest connection in
the first instance. This indirect strategy gives us the opportunity
in the future to convert Crest customers to a direct connection as
the networks expand."
Enquiries:
Graham J Duncan
Executive Chairman
Atlantic Telecom Group PLC
Tel: 01224 454000
Philip Robinson/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 three-month period
ended 30 June 1999, for the twelve-month period ended 31 March 1999
and for the nine-month period ended 31 December 1998.
As of and for the periods
ended
31 Dec 31 Mar 30 June
1998 1999 1999
Direct Telecommunications
(Atlantic Telecom FRA Service)
Residential Customer Data
Estimated residential
homes passed (1) 376,066 533,323 551,530
Residential customers 8,944 11,154 13,561
Residential customer lines(2) 17,282 21,773 26,753
Penetration rate
of estimated residential
homes passed (3) 2.4% 2.1% 2.5%
Average lines per
residential customer (4) 1.93 1.95 1.97
Residential customer churn(5) 12.06% 13.50% 13.56%
Business Customer Data
Estimated business
premises passed (1) 29,111 32,390 33,621
Business customers 1,258 1,324 1,591
Business customer lines (2) 3,841 4,231 5,448
Penetration rate of
estimated business
premises passed (3) 4.3% 4.1% 4.7%
Average lines per
business customer (4) 3.05 3.19 3.42
Business customer churn (5) 16.82% 14.99% 15.46%
Network Data
Number of base stations 77 101 103
Indirect Telecommunications (Atlantic Telecom Crest Service)
Residential customers 6,026 7,930 15,542
Residential customer lines(2) 6,383 8,303 15,594
Average lines per
residential customer (4) 1.06 1.05 1.00
Business customers 0 166
Business customer lines (2) 0 242 543
Average lines per
business customer (4) 0 5.90 3.27
Telecommunications Management and Least-Cost Routing (Atlantic
Logicall)
Business customers 570 597 587
Business customer lines (2) 16,430 17,663 18,655
Average lines per
business customer (4) 28.8 29.6 31.8
TOTAL TELECOMMUNICATIONS LINES 43,936 52,212 66,993
(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 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 contracted 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) 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 31 December 1998, 31 March 1999 and 30 June 1999.
END
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