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July 4, 2002 — (WEB HOST INDUSTRY REVIEW) — Pan-European managed Internet communications service provider Netscalibur (Netscalibur.co.uk) announced on Thursday that it has reached EBITDA positive status, marking a milestone in the company?s development.
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Netscalibur says it reached the mark in spite of difficult marketing conditions that have cause significant difficulties for some of the company?s infrastructure-based competitors.
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According to Netscalibur, the company has received new business in recent weeks from companies expressing concern about doing business with debt-laden network players.
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?Despite the prevailing gloom surrounding the telecoms industry, we are demonstrating that there is no such thing as a bad or dull sector, only good and bad companies,? says Francesco Caio, Netscalibur?s CEO. ?Netscalibur has successfully matched the supply of high quality, customer-focused services with a growing demand from business for managed Internet services. The result is a thriving, healthy growing business.?
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In Netscalibur?s first full operational year of 2001, says the company, it built a stable platform, integrating six companies across the UK, Germany and Italy and began re-engineering its customer base.
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The company?s revenues for the year were in excess of 50 million euros, with core IP services growing more than 25 percent.
