So called full details - doesnt tell the size or length of the contract

Sorry I meant the full details publisged on their web site

Hi BANKONE, sure Fundy was not critical of you, more the company for lack of info. At least they have announced it as a multi million pound contract which must indicate it will extend for several years rather than just One or two.
opto

Spot on Opto

Bankone - the criticism was aimed at the info in the RNS not you

Bit of old news below from Thus web site in relation to NATS contract which would appear again has no value and details re length of contract - but may become relevant as in this mornings Daily Mail it makes partuclar reference in the City and Finance (Not to THUS) but to Nats and reads as follows:-

"Britains Air Traffice Control operator handled more flights than ever with fewer delays last year. National Air Traffic Services handled 2.18m flights through the UK airspace in 2004, up 4.9pc. The average delay fell from 44 secs to 25 secs."

16 December 2004

National Air Traffic Services Chooses THUS To Improve Network Communications With The Western Isle
December 15 2004 - THUS plc today announced that it has won a new contract with the National Air Traffic Services (NATS), to provide resilient connections between NATS remote radar and radio sites in the Western Isles in Scotland and its Air Traffic Control Centre in Prestwick. This service will play a fundamental part in NATS plans to provide greater resilience to the existing radar and radio services covering the transatlantic flights leaving and arriving in the UK.

NATS provides air traffic control services to aircraft flying within UK airspace and over the eastern part of the North Atlantic. NATS currently handles more than two million flights carrying in almost 200 million passengers per year, with this figure expected to reach three million flights by 2010. In order to do this, and maintain overall safety, NATS is currently undertaking a renewal programme at many of its radar and radio facilities. As part of these restructuring plans, THUS is assisting NATS in its creation of a data and communications ring linking all of its sites by providing alternate routes to its sites in the Western Isles by deploying new microwave installations into these remote areas.

THUS already supports a number of NATS sites in the Scottish Isles and has proven that it has the technical competence to deliver this new service. THUS worked in conjunction with NATS on this project to undertake physical surveys to identify the best places to construct new microwave installations and structured a commercial deal to support this part of the NATS project. These new links will further enhance NATS existing network, enabling NATS to maintain their own high level of service, ensuring that the UK airspace is kept as safe as possible. NATS establishes strict Service Level Agreements for all services providers to ensure that availability and reliability is kept at an optimum level at all times.

Phil Male, Chief Operating Officer, THUS plc, said, "At THUS we fully understand that communication services can be mission critical for our customers and given our track record of proving high quality of service, we are confident that the solution we are providing to NATS will more than meet its high expectations. We are pleased to have extended our long-standing relationship with NATS to provide additional scope to its project by helping to make airline services more proficient and heighten safety."

Another bit of news that hasn't hit this BB.

17 January 2005

THUS Launches 1 MB Soho Broadband Package
Demon HomeOffice range provides low cost ADSL with superior business functionality
17 January 2005 - THUS plc today launched Demon HomeOffice, its range of new broadband products aimed at SoHo (Small office Home office) businesses, small enterprises and heavy residential users. The new range introduces a 1Mbps service 'Demon HomeOffice 1000' and also includes a 500Kbps service 'Demon HomeOffice 500'. Both services deliver always-on, high-performance Internet connectivity with key business features delivered at competitive pricing.

The HomeOffice range provides greater services and support than most standard broadband packages on the market. Business users can take advantage of a variety of features including a static IP address for secure remote access to company servers over a VPN, 20 Mb homepage hosting - enough for small business users to create a professional online presence - and free electronic fax and companion dial-up so that users can connect to email when on the move. Unlimited email addresses are also supplied with free Demon Spam Filtering, as well as optional supported Customer Premises Equipment (CPE), which provides users with a choice of modem, router or wireless router. In addition, users have access to round-the-clock dedicated telephone support from THUS's experienced technical support team.

Ideal for home working and small offices that need a fast Internet connection, HomeOffice 500 and 1000 provides users with a fixed monthly fee for unlimited, uncapped broadband access. Users can download large files and content in seconds, without having to worry about exceeding usage or download restrictions and incurring additional costs. Competitively priced at 24.99 per month for HomeOffice 500 and 29.99 per month for HomeOffice 1000 (both inclusive of VAT), the packages provide business services at affordable pricing, enabling SoHo workers to control their overall Internet costs.

""Until now, many SoHo workers have been at a disadvantage, having to pay through the nose for sufficient bandwidth with appropriate business support. After listening to our customers requirements we decided to launch the Demon HomeOffice range so that SMEs and home office customers could have all the broadband functionality required for their business at affordable costs," said Nigel Stevens, Product Director at THUS plc. "Through our continued commitment in developing the Demon Broadband portfolio, THUS now has the most comprehensive collection of SME targeted broadband products on the market which appeal to SoHo workers as well high-end SME users that require a top-end uncapped service."

Customers who sign up for one of the HomeOffice packages before the end of March 2005 can take advantage of THUS's introductory promotion. The offer comprises of a free installation worth 50 and an optional free modem worth 35 for all subscribers. "

The new HomeOffice products will replace THUS's Demon Express range of broadband products, which will be taken off the shelf in January 2005. The HomeOffice range is the latest offering from THUS's Demon branded communications portfolio, which includes Internet access, hosting and telephony services. More information on the Demon HomeOffice range is available from www.demon.net.

Click here to download the pdf of this release (10K)

bankone

is it just me or is the latter reports offering both reactive and not competitive on a price basis

"When a share doesn't drop on bad news - buy it. When a share fails to rise on good news - sell it" Old stockmarket truism.

THUS is firmly in the latter category, unfortunately for us. Really the only apparent possibility of making money on THUS seems to be an ownership change or deal of some kind. Roll on some news!

I keep thinking of Warren Buffet saying that stock dealing is the transfer of money from the impatient to the patient - and I hold on for another month!

pete

i dont think he was talking in terms of months - more like years/decades

seems to be a rumour that next lot of results will be poor again - no real shock there - like most im holding out for a takeover - please!!!!!

I'm out - put the money into NOP in the expectation of a rise when they finally get a drilling rig for their IOW project. If I cash in at a profit I will be back, but it could take some time for THUS to come good. Anyway I made 5.5% on them in 8 weeks which is something.

up we go, 21p next

are we seeing a recovery here?

Absolutely, good recovery play here

not yet. I'm holding

I'm hoping!!

I bought in Jan and keeping my fingers crossed

I suspect the rise will be slow up to 20p. A jump will should start around 21p IMO

is there a trading stmtn due soon ??

31st March

They can carry on ticking up til then