Easynet enjoys rapid return on investment
The Register has details of the interim results for the first 6 months of the year from EasyNet. EasyNet currently has 214 live LLU exchanges around the UK, with expectations that this will rise to 230 by the end of the year.
Considering the level of investment required for LLU roll-out it is encouraging to see their pre-tax losses trimmed from £15m to around £10.9 million, plus turnover has increased around 25% to £68.5 million. The figures are encouraging and hopefully will mean further roll-out of LLU services for business users around the UK during 2005.