Third quarter highlights include: Group sales increased 38 per cent year on year to GBP59.5 million (1999/00: GBP43.2 million). Business to business sales increased 66 per cent year on year to GBP32.6 million (1999/00: GBP19.7 million). South West regional sales pass GBP1 million monthly revenue in December. Group EBITDA at GBP3.0 million after the impact of investment in start up businesses and before one off costs. Cash at the end of quarter GBP32 million including proceeds from disposal of KSCL.
New metropolitan network (Torch 7) announced today targeting West Midlands based on a new capital expenditure model. Kingston national broadband network on target for March completion – trebling network infrastructure, year on year, to 2,100 kilometres by year end. National business customer connections increase 86 per cent year on year to 1,871. National broadband residential service rescheduled for quarter one 2002/03. KIT contracted customers pass 10,000 mark. Centrica contract now supporting 120,000 customers.
East Yorkshire connections up 10 per cent.
