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C&W/Bulldog On LLU xDSL Expansion
By: MarkJ - 25 January, 2005 (1:11 PM)

Cable & Wireless (Bulldog) has today issued its third quarter trading update, which also cites growth of the newer LLU broadband business (68 exchanges unbundled so far) and plans for the future:

The results this quarter contain no surprises and demonstrate solid progress in our transformation of the business. Across all our businesses we continue to pursue profitable revenue streams and cash generative margins, with a strong focus on control of operating costs and capital expenditure. In the UK we are starting to exploit the growth in broadband through local loop unbundling, enabling full service differentiation and margin improvement from network cost reductions. In the National
Telcos we are continuing to develop our mobile and IP services, in order to complement our strengths as the incumbent operator and help sustain margins.

In Bulldog Communications we have focused on execution of our local loop strategy, announcing and launching the implementation of our broadband rollout with 68 exchanges unbundled at the end of December and an additional 317 exchanges selected for unbundling and now at different stages of the planning and installation process. We are encouraged by the response within our London market and will be ready to move to a full commercial launch by mid 2005, when we intend to report key metrics on Bulldog Communicationís development. This is in line with our initial plan to unbundle 400 exchanges by the end of 2005.

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