Tipped by the independent 2/01/2004

........."And so to our traditional "wild card". Pipex Communications, formerly known as GX Networks, is a telecoms company created by one of the entrepreneurs behind Ukbetting, Peter Dubens. It has been assembled from six smaller players. The ambitious company is generating cash for the first time but is still not widely followed in the City. It could be an undiscovered gem".

Yeah... I sold out 2 weeks ago... this share is quite stubborn!

Also have pipex at home & recently my connection started dropping, called their support line 4-5 times (10-15 minutes each time with no one picking up the phone!!!) Their service when working is flawless however their customer support side is very very poor!
Think I might swap over to a different ISP after this experience...

Best of luck to the ones still holding :)

I'm sticking around until at least end of July!

End of july skids maybe too late the way this share is going.

Hope not. I think things have now come together and PXC are in a good position to increase numbers substancially. As always though time will tell, and its a "stick with it" ot "sell out" choice. I don't need the money (yet) so will stick with it for now.

Hope you are right Skids. No point selling now. LOL

Tades are picking up again in the old dog. LOL

Interesting article



http://www.adslguide.org.uk/newsarchive.asp?item=2278

Volume up...price nudged up a bit...any thoughts?

Better market sentiment for small caps/Aim etc..money coming into the mkt will gravitate to quality stocks... Pipex undervalued... think the worst may now be over... UK interest rates about to fall, probabaly in Aug.

Pipex Communications PLC
08 July 2005

8 July 2005



PIPEX Communications plc



Trading Update



Solid trading performance and strategic local loop unbundling





PIPEX Communications plc (PXC), the telecoms network operator and provider of
business and residential broadband solutions, is pleased to announce solid
trading for the first half across all divisions. Sales are up 46% on the same
period last year, with gross margins of 45%. Total customers at the end of the
period across the group now exceed 500,000.



The broadband division has performed well, ending the period with 215,000
customers, up 75% on the same period last year. In the last quarter the
division saw gross customer additions of over 8,000 per month with average
revenue per user per month remaining at 24.



Given the number of broadband customers that PIPEX now has, we have identified
over 60 exchanges that have sufficient customer density to make strategic local
loop unbundling ('LLU') very attractive. Those exchanges, which will be
unbundled over the next 18 months, will have a payback period of under 2 years.
The broadband LLU plan takes full advantage of PIPEX's low cost core network and
associated points of presence.



The network division enjoyed good organic growth in the first half winning a
number of key complex hosting and access accounts. The Board is also delighted
that PIPEX has hosted the 2012 Olympic bid website since inception and
congratulate the bid team on winning.



The hosting division now represents 20% of group revenues, with over 260,000
customers, up 84% from this time last year, and with over 1.2m domain names. The
integration of this division has gone extremely well, including the recently
acquire Donhost which is on course to be fully integrated with the PIPEX data
centres during this quarter.



PIPEX continues to evaluate the opportunities around its 3.6 - 4.2Ghz wireless
licence and, as announced during the full year results, will be undertaking
trials in the second half of the year. We are also reviewing potential joint
ventures on the spectrum.



PIPEX will report half year results in early September.



Peter Dubens, Chairman of PIPEX, commented,



'The first half has seen a solid performance with good growth across our
broadband, hosting and network divisions. We are very pleased that the
broadband division now has significant customer density around a number of
exchanges, making strategic local loop unbundling a compelling opportunity for
us. We continue to focus on a policy of low capex to sales and will only
unbundle exchanges where it is attractive to do so. We are following the
developments of WiMAX closely and continue to assess opportunities for our
spectrum.'



-ends-



For further information please contact:


PIPEX Communications plc 020 7766 6909
Peter Dubens, Chairman

Financial Dynamics 020 7831 3113
Juliet Clarke / Edward Bridges / Ben Way





About PIPEX



PIPEX is a multiple award-winning provider of integrated telecommunications and
Internet services. With a broad customer base including small/home-offices and
blue chip companies, PIPEX provides a comprehensive range of consumer, business
and corporate voice, broadband, security domain name registration and shared and
dedicated hosting solutions.



PIPEX's focus is simple: enabling businesses and consumers to achieve their
aspirations through proven communications services and emerging technologies.
This is achieved through an extensive portfolio of high-speed Internet
connectivity, managed services and hosting, security and voice products -
combining exceptional performance, innovation and a commitment to customer
service.



Owning one of the UK's most extensive communication networks, PIPEX boasts more
than 100 Points of Presence (PoPs) nationwide, including 20 point-to-multi-point
radio PoPs offering wireless DSL. In addition, five state-of-the-art data
centres, which are manned and monitored 24x7, ensure the security of PIPEX's
customers' business critical applications. Its commitment to investing in its
technology infrastructure ensures that PIPEX continues to deliver the most
scalable, resilient, secure and reliable services.



For further information please visit
www.pipex.net







This information is provided by RNS
The company news service from the London Stock Exchange FFRDTIDIIE

a nice bit of news to start the day... and with fulham staying up, in a month or so pipex's exposure is going to increase no-end. this will help as many opt for BT or AOL simply because of brand awareness. if pipex can join them in peoples perceptions then it can only be good.

Are we going to hit 9p today?

About time this mule got going. Pity I sold mine :-(( Oh well, it was bound to happen eventually, just ran out of patience.

Good luck to those who have more patience than I.

pth

Perhaps we will see 12p in July afterall...

Lets hope so Skids. Good volume now over 17m traded so far. LOL

Finally. Let's hope it doesn't fade again when the news wears off.

This share is very much driven by news. We are unlikely to hear any for a while. Hope investors sit up and take notice of this growing company. LOL

Hi All,

Nice 50 MA crossing the 200 MA, not quite a golden cross, but close enough to make me think 12p is likely.

Did anyone notice the two 500,000 trades at 87.5p ????

Someone is going to get a schlappp on Monday, when they realise they are showing 393,750 too much paid for EACH trade :))))))))))))))

Big T trades all day, and they tend to hold the S.P back, as the MM's fill them at pre-agreel prices, usually at a discount, most end up at mid-price, but once they are out of the way 12p should be attainable.

Cheers,
PM

ah jeez, you own a share for ages and then the serial ramper turns up..unlike other shares this is not rns's r us...hopefully PXCs mule like movements will bore ..

zscrooge Hi,

Who are you referring to ?

Cheers,
PM