Fibernet Group reduces losses

News Broadband United Kingdom 8 APR 2003
Fibernet Group reduces losses
British cable company Fibernet Group posted interim results for the half-year ended 28th February 2003. The company posted an operating loss of 3.7 million pounds (EUR 5.4 million), against 10.4 million pounds in the same half a year earlier. Group EBITDA was 5.7 million pounds. In the first half of 2002 this was 2.1 million negative. The company, which operates in the UK and in the German city of Frankfurt, said its loss before tax reduced to 3.2 million pounds.

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