Manx Telecom Shows Benefits Of Recent Investments
Edison | Sep 27, 2015 02:06AM ET
Manx Telecom (LONDON:MANX) has reported solid results for H115, showing the benefit of recent investments in its networks and Data Centres. The group’s high network quality, solid dividend yield, safe and prosperous operating environment, as well as growth prospects in the data storage area make the stock an attractive defensive investment, in our view.
A Favourable Environment From Every Perspective…
Manx Telecom operates in a very favourable environment. With a large number of entrepreneurial businesses and individuals attracted to the Isle of Man, demand for high-quality services is strong. Having put in place an impressive household coverage of 99% for 4G and 90% for VDSL and a strong focus on service, MT has built a loyal customer base and maintains a high market share as a result.
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