Thus expects full-year operating profit

20 Nov 2006

UK telco Thus says it is experiencing increasing demand for new generation IP-based services and expects to post a fiscal full-year operating profit, though it remains cautious of its future prospects as competition increases. The alternative network operator posted a 49% increase in revenues for the six months ended 30 September 2006 up to GBP263.2 million (USD499 million); EBITDA rose 5% to GBP19.2 million. Thus has yet to turn a full-year profit, but expects that to change in the twelve months ended 31 March 2007.

United Kingdom, Thus