RNS Number:3811U
BNS Telecom Group plc
04 April 2007
4 April 2007
BNS Telecom Group plc
Interim Results for the six months ended 31 January 2007
BNS Telecom Group plc, one of the UK's leading providers of white labelled
telecoms services to the UK SME and corporate market, publishes its interim
results for the six months ended 31 January 2007.
Highlights
* Group turnover up 37.8 per cent. to #15.84 million (2006: #11.50 million).
o Business Reseller turnover up 16.0 per cent. in H1'2007 over H1'2006,
and 8.2 per cent. over H2'2006.
o Network Services turnover up 167.5 per cent. in H1'2007 over H1'2006,
and 17.8 per cent. over H2'2006.
* Underlying operating profit increased to #689,000 (2006: #208,000).
* EBITDA increased to #1,053,000 (2006: #534,000).
* Profit before tax increased to #350,000 (2006: #117,000).
* Adjusted earnings per share increased to 0.80p (2006: 0.18p).
* Hosted IP platform launched in financial second quarter of 2007 with
approximately 30 orders with a total value of over #900,000 secured to date.
* Long term service provider contract signed with Vodafone UK in March 2007.
* Recent acquisition of 3g Comms, adds 13,000 Vodafone subscribers.
* Development of WiDial 'VoIP on your mobile' product suite for launch
in April 2007, with access to over 8,000 Wi-Fi hotspots throughout the UK.
Graham Wilson, Chairman, said:
"BNS is making good progress on a number of fronts with continued steady
improvement in trading. The Group has successfully launched its hosted IP
telephony product into the VoIP market place and is about to launch WiDial, a '
VoIP on your mobile' converged telecoms solution, in April 2007. We are excited
about the prospects for both of these products.
"We are delighted to have entered into a long term contract with Vodafone and at
the same time we have acquired 3g Comms who are a leading Vodafone service
provider. We expect WiDial will strengthen our mobile telecoms offering allowing
us to accelerate growth in this area.
"The steps we have taken over the last few months provide an excellent platform
and we are building momentum for the future growth of the Group."
Enquiries:
BNS Telecom Group plc
Garry Moat, Chief Executive Tel: 01661 839 554
David Horrocks, Finance Director
KBC Peel Hunt Ltd
Jonathan Marren/David Anderson Tel: 020 7418 8900
College Hill
Adrian Duffield/Corinna Dorward Tel: 020 7457 2815/2803
Definitions
H1'2007 means the financial half year from 1 August 2006 to 31 January 2007.
H1'2006 means the financial half year from 1 August 2005 to 31 January 2006.
H2'2007 means the financial half tear from 1 February 2007 to 31 July 2007.
H2'2006 means the financial half year from 1 February 2006 to 31 July 2006.
Chairman's statement
Strategic Overview
I am pleased to announce the interim results for the six months ended 31 January
2007 which demonstrate a continuing improvement in the Group's trading
performance.
We have delivered a number of strategically important initiatives in H1'2007 and
completed the reorganisation of our operations into two distinct divisions:
The Business Reseller division comprises our direct selling operations,
contracting directly with SME and corporate customers and managing the white
label direct marketing relationships.
The Network Services division comprises the four acquisitions completed in 2006,
together with Citygate, acquired in this period. The division generates revenue
from international wholesale traffic management. The Citygate acquisition
increases our reach into the European wholesale calling card market.
The core Business Reseller division has had a strong first half with
particularly pleasing progress in the hardware and mobile areas. The Network
Services division steadily improved its performance throughout the period. The
division's new management team is now settled in and, although the division
faces some challenges in the second half, the Board looks forward to continuing
financial progress being made in the coming period.
The Network Services division has now completed the initial technical
development of the Group's hosted IP telephony service. This was launched to
the SME and corporate market by the Business Reseller division in the second
quarter of the 2007 financial year and to date the Group has won approximately
30 customer orders, with a contract value of over #0.9 million. These contracts
are typically for three, five and seven years, supplying customers with a range
of bundled services such as calls, lines, broadband and hardware for a
contracted monthly fee. Customers will benefit from low up-front costs,
increased functionality through a rich suite of high-end PBX features and
applications, and no need for internal or external PBX support. The hosted IP
platform may provide the Group with a further highly visible, long term stable
revenue stream. Customers who previously opted to buy traditional fixed line
telephone hardware may decide to choose hosted IP telephony in its place.
In March 2007 the Group signed a service provider agreement with Vodafone UK
which runs to December 2009. This contract will allow the Group to offer
customers a broader range of mobile tariffs which in turn leads to a more
compelling mobile telecoms solution to the SME and corporate market. The Board
expects mobile services growth to accelerate as a result of the new contract.
Acquisitions
BNS completed the acquisition of 70 per cent. of the share capital of Citygate
Telecom Limited on 18 October 2006 for #100k. Citygate commenced trading in
October 2006 and the incumbent management team has brought to the Group
extensive experience and distribution contacts for the wholesaling of
international calling cards in the European market.
On 30 March 2007 the Group completed the acquisition of the entire share capital
of 3g Comms Limited and 3g Landline Limited (together '3g') for a total cash
consideration of #4.76 million. Based in Birmingham and established in 2000, 3g
has a service provider agreement with Vodafone UK, providing mobile voice and
data solutions to 13,000 subscribers, primarily in the SME market. The business
also sells a small amount of fixed line telecoms. 3g reported pre-tax profits
of #0.76 million on turnover of #10.34 million for the year ended 31 December
2006 and had net assets amounting to #1.01 million at 31 December 2006,
including cash of #1.4 million. The acquisition provides the Group with an
immediate increase in scale in the mobile market as well as potential cross
selling opportunities.
Financial review
Group turnover for H1'2007 grew by 37.8 per cent. to #15.84 million. Group
turnover grew by 10.7 per cent. compared with Group turnover for H2'2006.
H1 H1
2007 2006 Growth
Turnover (#'m)
Business Reseller 11.40 9.84 16.0%
Network Services 4.44 1.66 167.5%
15.84 11.50 37.8%
Gross Profit (#'m)
Business Reseller 4.40 3.47 26.8%
Network Services 0.63 0.32 96.9%
5.03 3.79 32.7%
Gross Margin (%)
Business Reseller 38.6 35.3
Network Services 14.2 19.3
The Group has continued to tightly control the overhead base. Overheads for the
period include a full six months of the four businesses acquired in the previous
financial year, together with overheads relating to the Citygate acquisition in
October 2006. The Group generated EBITDA before exceptionals of #1.05 million
compared with #0.53 million in H1'2006 and #1.00 million in H2'2006.
The Group incurred restructuring costs totalling #0.12 million resulting from
staff reductions in both the Business Reseller and Network Services divisions.
Annual payroll savings of approximately #0.30 million have resulted from the
restructuring exercise.
Underlying operating profit for the period, before goodwill amortisation,
restructuring costs and share based payment charge amounted to #0.69 million
compared with #0.21 million in H1'2006 and #0.58 million in H2'2006.
The Group experienced a net operating cash outflow of #1.9 million in the
period. Of the total outflow, #1.4 million is the result of funding working
capital in the enlarged Network Services business. A further outflow of #0.8
million has arisen as the result of the timing of a payment to a major creditor
which is expected to reverse in the second half of the financial year.
The Group invested #1.26 million in tangible fixed assets during the period. Of
this total #0.95 million was invested to complete the Group's head office
building in Low Prudhoe, Northumberland, and #0.20 million was invested in the
Group's VoIP platform. Total expenditure on the Group's head office building
amounted to #2.6 million. Capital expenditure is expected to reduce
significantly in the second half of 2007.
Basic earnings per share increased to 0.53p (2006: 0.14p). Adjusted earnings
per share, which excludes exceptional items and goodwill amortisation is 0.80p
(2006: 0.18 p).
The Board expects the Group to pay a full year dividend in December 2007.
Group net debt has increased to #4.46 million at 31 January 2007. This includes
an on-demand bank facility of #3.50 million drawn down to fund the development
of the head office building. The Board is close to completing a long term
funding arrangement for the new building thereby replacing the on-demand
facility.
Business Reseller Division
H1 H1
2007 2006
Turnover (#'m) 11.40 9.83
Gross profit (#'m) 4.40 3.47
Gross Margin (%) 38.6 35.3
Business Reseller division turnover has grown to #11.40m, an increase of 16.0
per cent. over the same period in 2006 and 8.2 per cent. higher than H2'2006.
Gross profit has increased to #4.40 million, a 26.8 per cent. increase on the
same period in 2006 and a 7.3 per cent. increase on H2'2006. Overall gross
margin has improved to 38.6 per cent. compared with 35.3 per cent. for the same
period in 2006, slightly lower than 38.9 per cent. achieved in H2'2006.
H1 H1
2007 2006
Fixed Line
Turnover (#'m) 4.26 4.20
Lines volume 44,708 43,858
Fixed lines connected by the Group increased to 44,708 at 31 January 2007,
compared with 43,908 and 43,858 at 31 July 2006 and 31 January 2006,
respectively. Turnover grew by 1.4 per cent. to #4.26 million. Pricing has
remained broadly neutral compared to 2006.
H1 H1
2007 2006
Calls Traffic
Turnover (#'m) 4.74 4.60
Calls revenue has increased by 3.0 per cent. to #4.74 million compared with
H1'2006. The Group has continued to experience pricing pressure in a very
competitive market and margins have reduced by approximately 4.0 per cent.
between H1'2006 and H1'2007. The Group continues to negotiate with suppliers to
reduce buy in costs.
H1 H1
2007 2006
Hardware Supply and Maintenance
Turnover (#'m) 1.77 0.92
The Group renewed its hardware and maintenance sales pitch in H2'2006 and sales
have shown a sustained and significant improvement. Hardware turnover of #1.77
million has grown by 92.4 per cent. compared with H1'2006, and 36.2 per cent.
compared with H2'2006.
H1 H1
2007 2006
Mobile
Turnover (#'m) 0.63 0.11
Subscribers 2,685 595
The Group has made significant progress in the mobile area of the business.
Subscriber numbers have increased from 595 at 31 January 2006 to 1,403 at 31
July 2006 and 2,685 at January 2007. Mobile turnover has increased to #0.63
million. The Group was awarded a new service provider contract with Vodafone UK
in March 2007. This will allow the Group to offer a broader range of mobile
tariffs and services, which in turn should allow the Group to accelerate growth
in mobile revenue.
The Business Reseller customer base has grown to 6,336 compared with 6,250 at 31
July 2006 and 6,111 at 31 January 2006. All current customers are now committed
to spend a minimum of #25 per month resulting in the closure of 119 uneconomic
customer accounts.
Network Services Division
H1 H1
2007 2006
Turnover (#'m) 4.44 1.66
Gross profit (#'m) 0.63 0.32
Gross Margin (%) 14.2 19.3
The Network Services division was restructured with a new management team under
Mark Stewart. The division was strengthened in October 2006 by the acquisition
of 70 per cent. of a start up company, Citygate Telecom Limited, for #100k,
including costs. The incumbent management team of Citygate has extensive
experience in the wholesaling of international calling cards in the European
market. The division has established an improved cost base for the second half
of 2007 but still faces some challenges as it manages the new product platforms.
Turnover for Network Services increased to #4.44 million (2006: #1.66 million)
including turnover of #1.33 million from Citygate. The gross margin percentage
achieved has reduced primarily as a result of the lower margin Citygate
business. As traffic volumes grow the Group expects to be able to negotiate
lower prices from its suppliers.
Product Development
In February 2007 our first customers were connected to our hosted IP telephony
service. The Network Services division is currently completing the technical
development of the other components of our IP telephony product suite.
Customers will be able to avoid up-front capital and installation costs and
reduce line and call costs through BNS's new SIP-based trunk service. This
integrates legacy telephony customers into the IP network by providing IP
connectivity for legacy PBX/KSU systems and access to VoIP features.
The Group will launch its first fixed and mobile converged telecoms product,
WiDial, in April 2007. This is a low cost virtual mobile network using VoIP and
Wi-Fi technology to enable business users to connect to the hosted IP telephony
platform and to access other users and features using mobile phone devices,
without connecting to GSM providers. WiDial PAYG combines calling card prepay
technology with the low cost virtual mobile network allowing users to make low
cost calls on a pay as you go basis. WiDial will be offered to customers
through both the Business Reseller division, where it complements our existing
mobile offering, and the calling card distribution channels developed by the
Network Services division. The Group has contracted to provide Group customers
access to over 8,000 Wi-Fi hotspots throughout the UK.
Current trading and outlook
The Group is performing in line with the Board's expectations and we are
encouraged by the performance of the business in the first half of 2007 and look
forward to making further progress, from both a financial and a market
perspective, in the second half of the year to 31 July 2007. The Board expects
to see the benefits of the new acquisitions and products becoming even more
visible in the first half of the financial year to 31 July 2008. The Group
intends to pay a full year dividend in December 2007 in line with our
progressive dividend policy.
Graham Wilson
Chairman
4 April 2007
Group profit and loss account
for the period ended 31 January 2007
Notes Restated Restated
(Unaudited) (Unaudited)
6 months ended 6 months ended Year ended
31 January 31 January 31 July
2007 2006 2006
#'000 #'000 #'000
Turnover
Continuing operations 14,514 9,833 20,373
Acquisitions 6 1,330 1,662 5,425
Total group turnover 15,844 11,495 25,798
Cost of sales (10,815) (7,705) (17,416)
Gross profit 5,029 3,790 8,382
Net other operating expenses (4,539) (3,607) (7,687)
Group operating profit 490 183 695
Continuing operations 490 104 639
Acquisitions 6 - 79 56
Total group operating profit 490 183 695
Analysed as:
Operating profit before operating
exceptional items and amortisation of
intangible fixed assets 689 208 792
Restructuring charges 2 (118) - -
FRS20 Share based payment charge 10 (28) (15) (42)
Amortisation of goodwill (53) (10) (55)
Total group operating profit 490 183 695
Share of operating loss in associates (28) - (11)
Total operating profit: Group and
share of associates 462 183 684
Bank and other interest receivable - 42 89
Interest payable and similar charges
Profit on ordinary activities before
taxation (112) (108) (161)
350 117 612
Tax on profit on ordinary activities 3 (108) (41) (220)
Profit on ordinary activities after
taxation 242 76 392
Minority interest 23 (12) (23)
Profit for the financial period 265 64 369
Earnings per ordinary share (pence)
Basic 4 0.53p 0.14p 0.77p
Basic adjusted earnings per share 4 0.80p 0.18p 0.91p
Diluted 4 0.52p 0.14p 0.75p
Group balance sheet
at 31 January 2007
Restated Restated
(Unaudited) (Unaudited)
Notes As at As at As at
31 January 31 January 31 July
2007 2006 2006
#'000 #'000 #'000
Fixed assets
Tangible assets 6,720 3,897 5,824
Intangible assets 2,262 1,054 2,172
8,982 4,951 7,996
Current assets
Stocks 243 218 221
Debtors 4,840 2,229 3,011
Cash at bank and in hand 706 3,626 2,614
5,789 6,073 5,846
Creditors: amounts falling due
within one year (10,637) (6,011) (9,585)
Net current (liabilities)/assets (4,848) 62 (3,739)
Total assets less current
liabilities 4,134 5,013 4,257
Creditors: amounts falling due after
one year (158) (1,363) (300)
Provisions for liabilities (36) (41) (36)
3,940 3,609 3,921
Capital and reserves
Called up share capital 5,012 5,012 5,012
Share premium account 2,245 2,250 2,245
Profit and loss account 383 64 369
Other reserves (3,770) (3,769) (3,770)
Share based payments reserve 10 70 15 42
Total shareholders' funds 3,940 3,572 3,898
Equity minority interests - 37 23
3,940 3,609 3,921
Group statement of cash flow
for the period ended 31 January 2007
Notes (Unaudited) (Unaudited)
6 months ended 6 months ended Year ended
31 January 31 January 31 July
2007 2006 2006
#'000 #'000 #'000
Net cash (outflow)/inflow from
operating activities 7 (1,879) (299) 609
Returns on investments and servicing of
finance
Interest received - 42 89
Interest paid (113) (108) (161)
Net cash outflow from returns on
investments and servicing of finance (113) (66) (72)
Taxation
Corporation tax paid (20) - (332)
Capital expenditure and financial
investment
Payments to acquire tangible fixed
assets (1,263) (325) (2,682)
Payments to acquire intangible assets (114) (50) (186)
Receipts from sales of tangible fixed
assets 49 84 522
Receipt from loan made to related
company - 799 799
(1,328) 508 (1,547)
Acquisitions and disposals
Purchase of subsidiary undertakings 6 (100) (467) (944)
Cash and cash equivalents acquired - 95 173
Net cash outflow on acquisitions and
disposals (100) (372) (771)
Net cash (outflow)/inflow from capital
expenditure and financial investment (1,428) 136 (2,318)
Equity dividends paid 5 (251) - -
Net cash outflow before financing (3,691) (229) (2,113)
Financing
Issue of ordinary share capital (net of
expenses) - 2,732 2,726
New bank loan 1,124 1,805 3,229
Repayment of bank loan - (1,834) (1,902)
Capital element of hire purchase
contracts (257) (360) (706)
Net cash inflow from financing 867 2,343 3,347
(Decrease)/increase in cash in period 8 (2,824) 2,114 1,234
Interim results for the six months ended 31 January 2007
1. Basis of preparation and consolidation
The Board approved the interim accounts for the period 1 August 2006 to 31
January 2007 on 3 April 2007.
The interim report is not audited and does not constitute statutory accounts
within the meaning of section 240 of the Companies Act 1985. The financial
information for the year ended 31 July 2006, restated for the impact of FRS 20
"Share Based Payments" (see below and note 10), has been extracted from the
statutory accounts for that period that have been delivered to the Registrar and
included an audit report, which was unqualified and did not contain any
statement under section 237 of the Companies Act 1985.
The interim accounts have been prepared using accounting policies consistent
with those used in preparing the accounts of BNS Telecom Group plc for the year
ended 31 July 2006, except for the adoption of FRS 20 "Share Based Payments"
which is applicable for the first time and has a prior year impact as detailed
in note 10.
2. Exceptional operating expenses
Group exceptional operating expenses represent restructuring related payments
made to employees of #118,000 (2006: #Nil) and FRS 20 Share based payment
charges of #28,000 (2006: #15,000) (see note 10).
3. Taxation
Tax on profit on ordinary activities for the period 1 August 2006 to 31 January
2007 and the comparative period 1 August 2005 to 31 January 2006 have been
calculated using an effective rate of tax of 31 per cent.
4. Earnings per share
(a) Basic earnings per share
The calculation of earnings per share is based on the net profit for the
financial period and on the weighted average number of ordinary shares in issue
during a six month period.
Restated Restated
(Unaudited) (Unaudited)
6 months ended 6 months ended Year ended
31 January 31 January 31 July
2007 2006 2006
Basic earnings per share
Profit after tax (#'000) 265 76 392
Number of shares 50,122,929 45,687,299 47,899,038
Basic earnings per share (pence) 0.53p 0.14p 0.77p
4. Earnings per share (continued)
(b) Adjusted earning per share
Adjusted earnings per share excludes the after tax effect of amortisation of
goodwill and exceptional operating expenses as detailed in note 2. The
directors believe that this gives a better indication of underlying commercial
performance.
Restated
(Unaudited) (Unaudited)
6 months ended 6 months ended Restated
31 January 31 January Year ended
2007 2006 31 July
2006
Adjusted earnings per share
Profit after tax (#'000) 265 64 369
Amortisation of goodwill (#'000) 53 10 55
Exceptional items (note 2)(#'000) 146 15 42
Tax effect of above adjustments (#'000) (62) (8)
(30)
Adjusted profit after tax (#'000) 402 81
436
Number of shares 50,122,929 45,687,299 47,899,038
Adjusted earnings per share (pence) 0.80p 0.18p 0.91p
(c) Diluted earnings per share
Diluted earnings per share amounts are calculated by dividing the net profit for
the financial period by the weighted average number of ordinary shares
outstanding during the period plus the weighted average number of ordinary
shares that would be issued on the conversion of all the dilutive potential
ordinary shares into ordinary shares.
Restated
(Unaudited) (Unaudited)
6 months ended 6 months ended Restated
31 January 31 January Year ended
2007 2006 31 July
2006
Diluted earnings per share
Profit after tax (#'000) 265 64 369
Number of shares 51,036,350 46,797,493 48,916,408
Diluted earnings per share (pence) 0.52p 0.14p 0.75p
5. Dividends
The reported dividend in these statements represents the 2006 proposed final
dividend of 0.5p per share, which was paid on 27 December 2006 (2006: #Nil).
The amount of dividend paid was #251,000 (2006: #Nil).
The directors are not proposing an interim dividend for 2007 but intend to pay a
final dividend in December 2007.
6. Acquisitions
The Group acquired 70 per cent. of the issued share capital of Citygate Telecom
Limited on 18 October 2006 for cash consideration of #100,000, including costs
of #5,000.
7. Net cash (outflow)/inflow from operating activities
Restated
(Unaudited) (Unaudited) Restated
6 months ended 6 months ended Year ended
31 January 31 January 31 July
2007 2006 2006
#'000 #'000 #'000
Operating profit 462 183 684
Depreciation of tangible assets 364 326 741
(Profit)/loss on disposal of tangible
fixed assets (9) 15 16
Amortisation of intangible fixed assets 124 10 113
Increase in stocks (22) (28) (31)
(Increase)/decrease in debtors (1,829) 72 (495)
Decrease in creditors (1,025) (892) (472)
FRS 20 Share based payment charge 28 15 42
Share of loss in associates 28 - 11
Net cash (outflow)/inflow from operating
activities (1,879) (299) 609
8. Reconciliation of net cash flow to movement in net debt
(Unaudited) (Unaudited)
6 months ended 6 months ended Year ended
31 January 31 January 31 July
2007 2006 2006
#'000 #'000 #'000
Cash flows
(Decrease)/increase in cash (2,824) 2,114 1,234
Cash (inflow)/outflow from movement in
debt and lease financing (867) 389 (621)
Changes in net debt resulting from cash flow (3,691) 2,503 613
Other non cash changes
New finance leases introduced (37) (140) (248)
Movement in net debt (3,728) 2,363 365
Net debt at beginning of the period (730) (1,095) (1,095)
Net (debt)/funds at end of the period (4,458) 1,268 (730)
Analysis of net debt
(Unaudited) (Unaudited)
At 1 August (Unaudited) Other non At 31 January
2006 Cash flow cash changes 2007
#'000 #'000 #'000 #'000
Cash at bank and in hand 2,614 (1,908) - 706
Bank overdrafts (246) (916) - (1,162)
Cash 2,368 (2,824) - (456)
Finance leases and hire
purchase contracts (722) 257 (37) (502)
Loans due within one year (2,376) (1,124) - (3,500)
Loans due after one year - - - -
Net debt (730) (3,691) (37) (4,458)
9. Reconciliation of shareholders' funds and movement on reserves
Share
based
Share Share payment Other Profit
capital premium reserve reserve and loss Total
#'000 #'000 #'000 #'000 #'000 #'000
Balance at 1 August 2006 as -
previously reported 5,012 2,245 (3,770) 411 3,898
Prior year adjustment - FRS - 42 - (42) -
20 -
Balance at 1 August 2006
restated 5,012 2,245 42 (3,770) 369 3,898
Retained profit for the
financial period - - 28 - 265 293
Dividends paid (251) (251)
5,012 2,245 70 (3,770) 383 3,940
10. Share based payments
The Group has adopted FRS 20 "Share Based Payments" with effect from 1 August
2006. The Group issues equity-settled share-based payments to certain employees
and directors. The cost of equity-settled transactions with employees is
measured by reference to the fair value at the date at which they are granted
and is recognised as an expense over the vesting period, which ends on the date
on which the relevant employees become fully entitled to the award. Fair value
is determined using the Black-Scholes option pricing model. In valuing
equity-settled transactions, no account is taken of any vesting conditions,
other than conditions linked to the price of the shares of the company (market
conditions).
The adoption of FRS 20 has resulted in a new accounting policy for share-based
payments. Until 31 July 2006 the provision of share options to individuals did
not result in a charge to the profit and loss account. A prior year adjustment
has been made to the financial information set out for the period ended 31
January 2006 and the year ended 31 July 2006 to apply changes to the profit and
loss account for share options granted at these dates. The Group recognised a
total expense of #28,000 relating to equity settled share options scheme
transactions in the period (2006: #15,000). The restatement of prior periods
has created a share-based payment reserve at 31 July 2006 of #42,000 and
decreased retained profits by the same amount.
11. Subsequent events
On 30 March 2007 BNS Telecom Group plc acquired 100 per cent. of the issued
share capital of 3g Comms Limited and 3g Landline Limited for cash consideration
of #4.76million, funded through new banking facilities arranged by Barclays Bank
Plc.
12. Interim report
A copy of the interim report will be distributed to shareholders shortly and
will be available from the Company's registered office and the Company's website
(www.bnstelecomplc.com) in the week commencing 23 April 2007.
This information is provided by RNS
The company news service from the London Stock Exchange
END
IR OKNKKCBKDCQK
Bns Telecom (LSE:BTP)
Historical Stock Chart
From Nov 2024 to Dec 2024
Bns Telecom (LSE:BTP)
Historical Stock Chart
From Dec 2023 to Dec 2024
