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THUS Touts Broadband Growth

Posted: 19th Jun, 2006 By: MarkJ
THUS has released its latest annual financial results to 31st March 2006, highlighting a growth in broadband subscribers to 126,000 (110,000 of which come from Demon Internet).

The additional 16,000 users came from Your Communications and Legend Communications, both representing recent acquisitions to the THUS fold:

The revenue decline in Your Communications prior to the acquisition has been stabilised over the past three months, and the networks of the two companies have been connected as the first stage in the cost of sale reduction programme. THUS next generation services are being made available to the enlarged customer base and back office systems are being integrated, with Sales, Marketing, Engineering, Finance and Regulation now operating as single unified teams.

Our focus for the next twelve months within the enlarged Group will be delivering the integration of the two acquisitions. The Board believes that once the integrations have been successfully implemented and the majority of the anticipated synergies have been achieved, the Group will be strongly positioned to further improve its operating performance.


In other words, expect new broadband and voice products soon.
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