Strong growth and EBITDA profitability in quarter two, allied to 172% growth in additional new recurring revenue contracts
Singapore, ASIA – 14 August 2008 – Global Voice Group Limited (GVG) – owner and operator of one of Europe’s highest capacity fiber network and a leading provider of high-performance networking services, today announced strong growth in quarterly recurring revenues €5.9 million and adjusted EBITDA profitability for the second quarter ended 30 June 2008. GVG trades as euNetworks in Europe.
euNetworks is a bandwidth infrastructure company, owning and operating 17 fibre based metropolitan networks connected with a high capacity intercity backbone covering 51 cities in 15 countries. The company leads the market in data centre connectivity, directly connecting over 440 today. euNetworks is also a leading cloud connectivity provider, directly connecting to all key cloud platforms with access to additional platforms. The company offers a targeted portfolio of metropolitan and long haul services including Dark Fibre, Wavelengths, and Ethernet. Wholesale, finance, content, media, data centre and enterprise customers benefit from euNetworks’ unique inventory of fibre and duct based assets that are tailored to fulfil their high bandwidth needs.