Tiscali 2001 Annual Report Download - page 28

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The sharp increase in its subscriber base to 7.3mn active users at end-2001 (up 82% on
2000), has enabled Tiscali to achieve significant cost and revenue synergies, leading to a
marked improvement in, industrial and financial performance.
The improvement in industrial performance was mainly due to an increase in traffic
volumes, price rises in France and Germany, the transfer of traffic onto the Group's own
international IP network and the gradual streamlining of local access networks. More
specifically, total Internet traffic on the Tiscali network in 2001 was 33.2bn minutes, a
37.8% increase on 2000. On a proforma basis, total traffic exceeded 39bn minutes.
Tiscali on-line traffic in 2001
(billion of minutes)
20
The Tiscali Group closed 2001 with consolidated revenues of EUR 635.7mn, a 267% jump
on the EUR 173.1mn generated in 2000. Takeover operations in 2001 significantly altered
the consolidation area, which now includes Excite Italia BV, Liberty Surf SA, Guglielmo
GmbH (Planet Interkom), Springboard Internet Services Ltd (LineOne), PlanetOne,
Intercall, Infosource, Tiny, Inicia and Yucom. EBITDA stood at EUR -170.4mn, or -27% of
total revenues, compared with EUR -43.1mn recorded in 2000 (-25% of total revenues).