image

Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

Latest issue now available

SIGN UP NOW
Updates

Project Telecom

June 2003

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • PJT
Project Telecom has announced that due to increasingly difficult trading conditions during the first quarter of 2003 it expects profit will only match last year's levels.   The group partly blamesintense price competition from rival mobile network operators, resulting in higher levels of churn, lower growth in the customer base and a reduction in average revenues per customer.  However, of more concern is the decision by network suppliers, such as Vodaphone, to cut Project Telecom's subsidies for new connections, in some cases by more than £50.  This bolt from the blue came in response to theCompetition Commission's decision to reduce termination charges by the mobile network operators.  Project Telecom anticipa ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Related Articles

Project Telecom - 185,000 corporate customers (April 2003)
Project Telecom - Virtual telecom service provider growing at cracking pace (February 2003)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X