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KCOM Kcom Group Plc

120.00
0.00 (0.00%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Kcom Group Plc LSE:KCOM London Ordinary Share GB0007448250 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% 120.00 120.00 120.20 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

INTERVIEW: KCOM To Boost Revenue Through Operator Pacts

31/03/2010 12:31pm

Dow Jones News


Kcom (LSE:KCOM)
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U.K. telecommunications provider KCOM Group PLC (KCOM.LN) will focus on strategic pacts with other network operators and increasing its presence in the retail market to generate revenue, Executive Chairman Bill Halbert told Dow Jones Newswires in an interview Wednesday.

"We're confident KCOM now has a strong underlying business model and is now making good headway into the retail market," Halbert said, adding the company's five-year outsourcing deal signed in January with phone retailer Phones4U is making progress.

Halbert said the strategic agreement KCOM signed with BT Group PLC (BT)last June to extend its network reach and outsource management of its network assets had been successful. "We've meshed our network with BT's national network, and this gives the company more flexibility and access to a broader market," he said.

"We're also set on expanding our geographic footprint in the north of England, and building up the KCOM brand among the local population," he said.

At 1037 GMT, KCOM shares were up at 0.75 pence, or 1.6% at 48.5 pence, outperforming a 0.21% rise in the FTSE All Share index. The shares have lost 13% of their value following a twelve month high at the end of January.

Company Web site: www.kcom.com

-By Elliott Ball, Dow Jones Newswires; 44-20-7842-9314; elliott.ball@dowjones.com

 
 

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