MANX.L Regulatory News (MANX)

Manx Telecom Plc

Manx Telecom Pay As You Go

customers to get superfast 4G

Manx Telecom Plc (AIM: MANX; the "Company"), the leading communication solutions provider on the Isle of Man, announces that its Pay As You Go mobile customers will be able to use 4G from early 2015.  

Manx Telecom launched the Isle of Man's only 4G network in July, with the service currently available to its pay monthly smartphone tariff customers. 4G subscribers use on average 3.5 times more data than 3G users on a daily basis and 4G has driven a 28% increase in mobile data usage for pay monthly subscribers overall. Over 88% of pay monthly customers renewing or taking out a new contract are choosing a 4G smartphone tariff.

Drive tests conducted by its technology partner Huawei across the Island in October 2014, showed 4G speeds that were 10 times faster than 3G speeds achieved prior to launch. The tests also confirmed that Manx Telecom had achieved 99% outdoor 4G coverage on main routes across the Island and at least 95% population coverage, compared to 75% on the UK's biggest 4G network, EE.

David Smith, Manx Telecom Marketing Director, said:

"4G for all has always been our goal, so we're delighted to be able to bring 4G to our Pay As You Go customers early next year. This will allow even more customers to experience superfast 4G mobile broadband speeds for themselves. This means that Pay As You Go customers will be able to download video and audio content faster, stream HD video with little to no buffering, as well as upload photos and videos to social media almost instantaneously."

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About Manx Telecom

· Manx Telecom is the leading communication solutions provider on the Isle of Man, offering a wide range of fixed line, broadband, mobile, and data centre services to businesses, consumers and the public sector on the Isle of Man as well as a growing portfolio of innovative hosting and "Smart SIM" solutions to off-Island customers.

· Manx Telecom has a record of innovation, being the first European operator to launch a 3G mobile service and the first in the world to launch a 3.5G mobile service. 4G services launched in the summer of 2014, while the Company's high speed VDSL broadband service (Ultima) is available to over 80 per cent of homes on the Island.

· The Company has two Tier 3 data centres plus international connectivity and its operations are business-critical to the economic strategy of the Isle of Man.

· One of the largest employers on the Island, Manx Telecom employs over 280 people. The company plays a major role in the wider community through a range of activities, including charitable donations, sponsorships, and corporate social responsibility initiatives.

· The company is proud to sponsor the Manx Telecom Parish Walk, Manx Telecom End2End Mountain Bike Challenge, Team Manx Telecom (Manx Road Club) and Royal Manx Agricultural Show as well as other smaller events. Manx Telecom also donates annually to local causes through the company's "It's our Community" programme.

· The Isle of Man has a resilient and growing economy which has experienced 29 years of unbroken GDP growth. Unemployment is low at approximately 2.4 per cent, and there is a zero per cent corporate tax rate which applies to the vast majority of Manx Telecom's business and means that the Group currently pays no corporation tax on its annual profits.

· Manx Telecom is listed on the Alternative Investment Market of the London Stock Exchange with the ticker MANX.