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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Bns Telecom | LSE:BTP | London | Ordinary Share | GB00B0MV3J01 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 6.25 | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMBTP RNS Number : 9810N BNS Telecom Group plc 27 February 2009 27 February 2009 BNS Telecom Group plc AGM Statement BNS Telecom Group plc ("BNS" or the "Group"), a leading telecoms service provider and IP carrier will be holding its AGM this morning. Barry Moat, Chairman, will report: "We have seen strong trading by the Group during the first six months of the current financial year. The Board considers that the Group is well positioned with a number of important strengths which are making it resilient during a period of economic downturn. As well as high levels of recurring revenues from a broad and diverse business customer base, the business critical nature of the Group's products and services means that it is less vulnerable to cuts in business' discretionary expenditure. "Our strategic shift to IP telephony has continued to translate into strong cash generation and an associated jump in deferred income. "In the current economic climate, we are finding our IP-based range of products has excellent traction as more enterprises look to reduce and more tightly manage their operational costs.In January 2009 we connected our one thousandth IP-based customer site. "Another important development for the business will be the planned launch in March of our new Mobile Office product (www.inwhenout.com). This revolutionary new service provides true office and mobile phone convergence allowing users to take their office extension and its functionality with them wherever they go. This is made possible by combining the power of our own cutting edge IP network and products with the power of Vodafone's GSM network. We expect this exciting new addition to our product portfolio to also drive sales of mobile connections over the remainder of the current financial year and beyond as we continue to focus on cross selling our mobile services into our existing fixed line customer base. "Trading to date continues to be in line with our expectations. We remain confident in the Group's development over the rest of this year." Enquiries: +----------------------------------------------+--------------------------+ | BNS Telecom Group plc (www.bnsplc.com) | Tel: 01661 839 554 | | Garry Moat, Chief Executive | | | Andrew Goldwater, Finance Director | | +----------------------------------------------+--------------------------+ | | | +----------------------------------------------+--------------------------+ | KBC Peel Hunt Ltd (Nominated Adviser & | Tel: 020 7418 8900 | | Broker) | | | David Anderson | | +----------------------------------------------+--------------------------+ | | | +----------------------------------------------+--------------------------+ | College Hill | Tel: 020 7457 2815 | | Adrian Duffield/Carl Franklin | | +----------------------------------------------+--------------------------+ This information is provided by RNS The company news service from the London Stock Exchange END AGMTFMPTMMATBBL
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