LONDEN--(BUSINESS WIRE)--euNetworks Group Limited, a provider of bandwidth infrastructure services in Western Europe, announced results for the three months ended 30 September 2015. New sales achieved were €898k in Q3 2015, up 13% from Q2 2015 and 42% from Q3 2014. This was a new record for the company. Service installation units grew 15% from Q3 2014. Disconnections remained in line with expectations, with 45% of these due to service replacements rather than customers leaving. Average churn was 1.3%, slightly up versus 1.1% in Q2 2015 as was anticipated and driven by planned euTrade disconnections. Total monthly incremental service revenue (MISR) was €166k in Q3 2015, down from €240k in Q2 2015. euNetworks continued the momentum of previous quarters, with strong sales and revenue growth and a solid outlook for further growth ahead.
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