FibreSpan Defies Difficult Economic Trading Conditions Reporting 20% Growth with 2008 Results

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FibreSpan continues to grow market share, further strengthening its place as one of the UK’s leading Telcos in the provision of dark fibre and network connections and reports a 20% increase in its turnover during the year ending 31 December 2008, demonstrating substantial growth year on year.

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FibreSpan, the premier UK provider of fibre optic connectivity for local area and metropolitan area networks, announced today its financial results and operating highlights for the year ended 31 December 2008.

Focused predominantly on dark fibre technology, FibreSpan provides a highly reliable, affordable, scalable, and future-proof way for both private and public sector organisations to connect multiple sites within local and metropolitan areas.

Despite difficult economic trading conditions, FibreSpan saw an ongoing strong demand for bespoke private fibre network provision, resulting in a need to increase its sales team significantly throughout the year. The company has continued to grow market share, further strengthening its place as one of the UK’s leading Telcos in the provision of dark fibre and network connections and reported a 20% increase in its turnover during the year ending 31 December 2008, demonstrating substantial growth year on year.

Through exceptional service delivery and unrivalled commitment to customer service, FibreSpan has successfully continued close relationships with long-standing clients across all industry sectors. Market share has grown significantly in both public and private sectors; and the company is pleased to announce key highlights in the securing of new clients including Sotheby’s, TK Maxx and Cheshire West & Chester Borough Council. From these results it is clear that the company is clearly recognised in the market as an established and respected service provider with competitive pricing and outstanding delivery standards.

“Despite tough market conditions, I am pleased to report that we have, once again, had an encouraging year and delivered strong financial results. We have remained committed to offering best value and superior customer service to the marketplace. Our fixed price unlimited bandwidth model, resilient deployment technology and flexible approach to business continues to be the foundation of our ongoing success,” comments Robert Bicket, CEO of FibreSpan. “We continue to make good progress in securing a multi-national patent for our microduct technology, in addition to providing environmentally friendly deployment methods and flexible solutions to our client base. This combination makes us a very attractive provider for organisations in both the public and private sector moving forwards.”

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