Bulldog Expands Broadband Cover
Posted: 21st Apr, 2005 By: MarkJ
Cable & Wireless (C&W) has announced funding of £190m for their Next Generation Networks (NGN) plan, which will see LLU based broadband S/ADSL services from Bulldog being expanded beyond their existsing 30% UK coverage:
The roll out of the Bulldog access network is progressing ahead of schedule. As of 15 April 2005 Bulldog had installed and released for service 320 exchanges. We expect therefore to complete the initial phase of our investment - 400 exchanges - by May 2005, seven months ahead of our initial timetable.
Customer response to our initial offer is encouraging and we remain very confident about the rate of customer acquisition in the second half of this calendar year, as we enter the full commercial phase of our plan.
We have also made substantial progress in the development of Bulldog's organisation and the appointment of Emanuele Angelidis as CEO provides Bulldog with the leadership and operating experience to execute its plans.
It is against this background that the Bulldog team is developing plans for higher speed services (currently already twice as fast as BT) and an extended roll out that would take our market coverage beyond 30 percent. Cable & Wireless' NGN forms the scalable and flexible basis on which to grow Bulldog's service speed and footprint.
The plan will meet our internal financial criteria and its implementation will be phased with the evolution of customer demand. An update on the next phase of the plan will be communicated with the final results announcement on 26 May 2005.
The new NGN funding is for a three year period, with roughly £80m being spent during the 2005/06 period.
The roll out of the Bulldog access network is progressing ahead of schedule. As of 15 April 2005 Bulldog had installed and released for service 320 exchanges. We expect therefore to complete the initial phase of our investment - 400 exchanges - by May 2005, seven months ahead of our initial timetable.
Customer response to our initial offer is encouraging and we remain very confident about the rate of customer acquisition in the second half of this calendar year, as we enter the full commercial phase of our plan.
We have also made substantial progress in the development of Bulldog's organisation and the appointment of Emanuele Angelidis as CEO provides Bulldog with the leadership and operating experience to execute its plans.
It is against this background that the Bulldog team is developing plans for higher speed services (currently already twice as fast as BT) and an extended roll out that would take our market coverage beyond 30 percent. Cable & Wireless' NGN forms the scalable and flexible basis on which to grow Bulldog's service speed and footprint.
The plan will meet our internal financial criteria and its implementation will be phased with the evolution of customer demand. An update on the next phase of the plan will be communicated with the final results announcement on 26 May 2005.
The new NGN funding is for a three year period, with roughly £80m being spent during the 2005/06 period.
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