A couple of facts about our latest BDUK offerings.
'Four of our bids have exceeded the minimal 20% take-up rate. 20% take-up is the business case standard which marks the minimum we need to sell in order to "break even". Cornwall, Nynet (North Yorkshire), Rothbury and Rutland are the four bid areas, with Surrey getting very close at 17%. This means, any futher orders (over the 20%) in these bid areas will be "gravy" and the revenues can be reinvested back into the business.'
'In Suffolk, we've delivered our Q2 target six weeks early with over 5K THP (total homes passed) - meaning we've beat the Q2 target by 5000 premises and we still have a month of activity to go.'
'Planning is one of the hardest parts...and we've now completed the planning for 3M BDUK premises (or THP) - which is pretty amazing, considering we just hit the 1M BDUK homes passed milestone last month'.
