INTERVIEW: KCOM To Boost Revenue Through Operator Pacts
March 31 2010 - 7:31AM
Dow Jones News
U.K. telecommunications provider KCOM Group PLC (KCOM.LN) will
focus on strategic pacts with other network operators and
increasing its presence in the retail market to generate revenue,
Executive Chairman Bill Halbert told Dow Jones Newswires in an
interview Wednesday.
"We're confident KCOM now has a strong underlying business model
and is now making good headway into the retail market," Halbert
said, adding the company's five-year outsourcing deal signed in
January with phone retailer Phones4U is making progress.
Halbert said the strategic agreement KCOM signed with BT Group
PLC (BT)last June to extend its network reach and outsource
management of its network assets had been successful. "We've meshed
our network with BT's national network, and this gives the company
more flexibility and access to a broader market," he said.
"We're also set on expanding our geographic footprint in the
north of England, and building up the KCOM brand among the local
population," he said.
At 1037 GMT, KCOM shares were up at 0.75 pence, or 1.6% at 48.5
pence, outperforming a 0.21% rise in the FTSE All Share index. The
shares have lost 13% of their value following a twelve month high
at the end of January.
Company Web site: www.kcom.com
-By Elliott Ball, Dow Jones Newswires; 44-20-7842-9314;
elliott.ball@dowjones.com
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