Quarterly Results released (not that anyone cares) looks good to me.
completel.com
CompleTel Europe Reports 83% Revenue Growth Over First Quarter
-- Second quarter revenues increased 83 percent to euro 5.5 million over 1Q00 -- Total on-net switched voice revenues exceeded euro 1.0 million in 2Q00. -- Total Internet and data revenues grew to euro 2.3M from euro 1.6million -- Cumulative orders for services grew to 924 from 483 over 1Q00, an increase of 91 percent over 1Q00 -- Additional 201 kilometers of fiber network deployed bringing total local loop network to 726 kilometers.
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Commenting on the quarterly results, William H. Pearson, President and Chief Executive Officer, stated, ``This quarter, we exceeded our revenue and network growth targets, as well as our financial and operational goals. These results confirm our focus on execution and represent an accomplishment of the entire CompleTel team. We believe that over time the financial markets will continue to validate our strategy as they look for sustainable long term business models, strong execution and a clear route to profitability.'' ...
Operational achievements:
With operations commencing in Nice in the second quarter, CompleTel's network rollout proceeded on track with 11 markets now operational, including Paris, Lyon, Lille, Marseille, Toulouse, Grenoble, Munich, Nuremberg, Berlin and Essen. During the second quarter, CompleTel's network utilization quadrupled to 23 million on-net minutes from approximately 6 million in 1Q00. In addition, new on-net signed customers grew 88 percent over the first quarter, an increase of 251 from 286 in 1Q00, reaching an aggregate number of 537 on-net customers at the end of 2Q00. Total connected on-net customers increased to 287 from 117 in 1Q00 and from 45 in 4Q99. Strong sales efforts translated into a solid customer influx of retail customers, carriers and Internet providers (ISP/IAP) .... |