Cable Satisfaction International Inc. Service Units Increased by 95,458 or 76,4% Since the Beginning of 2001.Business Editors QUEBEC--(BUSINESS WIRE)--Oct. 4, 2001 Cable Satisfaction International Inc. ("Csii", the "Company")(TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :CSQ CSQ Certificat de Sélection du Québec (Quebec selection certificate; immigration document) CSQ Carrier Squelch (radio, scanner) CSQ Customer Satisfaction Questionnaire .A.), through its Portuguese subsidiary, Cabovisao, the leader in fixed alternative direct broadband communications and multimedia services in Portugal, today announced that its service units increased 95,458 or 76,4% since the beginning of 2001 and totaled 220,333 at the end of the third quarter 2001.
Number of homes passed and to number of service units
since the beginning of the year
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09/30/01 06/30/01 12/31/00 First Nine Months
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Growth Increase
Homes passed 584,630 530,759 350,002 234,628 67,0%
Service units:
-Basic service 142,222 126,778 97,018 45,204 46,6%
-Pay TV 31,137 26,740 20,217 10,920 54,0%
-Internet 21,664 16,426 6,120 15,544 254,0%
-Telephony 25,310 13,897 1,520 23,790 1 565,5%
Service unit
total 220,333 183,841 124,875 95,458 76,4%
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Operational highlights -- Total service units increased by 36,492 in the third quarter of 2001, compared to an increase of 33,867 in the second quarter of 2001 and 25,099 in the first quarter of 2001 and 116,422 since September 30, 2000. -- With hardly any Internet or Telephony only customers, less than 400, the number of services per subscriber connection additions in the quarter reached 2.32 services per connection. Cumulatively, the number of services per subscriber connection reached 1.54 services per connection as compared to 1.29 at the end of last year. -- Telephony customers increased 11,413 during the quarter to reach 25,310 at September 30, 2001. -- Approximately 33% of the telephony customers subscribe to Verb 1. subscribe to - receive or obtain regularly; "We take the Times every day" subscribe, take buy, purchase - obtain by purchase; acquire by means of a financial transaction; "The family purchased a new car"; "The conglomerate acquired a new company"; the "triple play" bundle - CATV (Community Antenna TV) The original name for cable TV. It used a single antenna at the highest location in the community in order to deliver a quality signal to homes in areas with hilly terrain or other interference. , high-speed Internet See broadband. access and telephone services. -- Last week, the Portugal team reached a new high in service units additions with more than 4,300 service units additions over a period of 7 days including also a new high of more than 800 service units additions in a single day. In the third quarter of 2001, the management continued to implement the strategy of offering bundled services such as CATV, Pay TV, High speed Internet access See how to access the Internet. and telephone services distributed through its proprietary HFC networks and fiber optic national backbone. Cabovisao's management team in Portugal continues the growth of service units through the execution of the business plan. The graph below clearly demonstrates that our operations are maintaining an accelerated growth. Forward-looking Statements The statements in this press release relating to matters that are not historical facts are forward-looking statements that involve risks and uncertainties, including, but not limited to, general business and economic conditions, the condition of the financial markets, the ability of Csii to obtain financing on favourable terms and the other risks and uncertainties detailed in the 2000 annual report of Csii in the Management's Discussion and Analysis Management's discussion and analysis (MD&A) A report from management to shareholders that accompanies the firm's financial statements in the annual report. It explains the period's financial results and enables management to discuss topics that may not be apparent in the financial section. Csii builds and operates large bandwidth (750 Mhz) hybrid fiber coaxial (HFC 1. (networking) HFC - Hybrid Fiber Coax. 2. (hardware) HFC - hydrofluorocarbon. ) networks and, through its subsidiary Cabovisao, provides cable television services, high-speed Internet access, telephony and high-speed data transmission services in Portugal. The subordinate voting shares Voting Shares Shares that give the stockholder the right to vote on matters of corporate policy making as well as who will compose the members of the board of directors. Notes: Different classes of shares, such as preferred stock, sometimes don't allow for voting rights. of Csii are listed on the Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. under the symbol CSQ.A. Visit us on the web at www.csii.ca |
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