TalkTalk announces 80,000 net new broadband customers
UK broadband provider TalkTalk has announced the addition of 80,000 net new broadband customers in its first quarter of the financial year. Most of the new subscribers came from the company’s wholesale business where it supplies connectivity and managed services to smaller reseller ISPs.
TalkTalk also confirmed it has grown to 4.2m broadband on-net subscribers, with 2.1 million broadband customers on its fixed-price broadband plans whereby prices do not rise for the duration of the contract
We are pleased to have delivered strong customer and Headline revenue growth in the first quarter and we remain firmly on track to deliver at least 150,000 net adds this financial year.
After resetting the business last year, we are now a much simpler, lower-cost business. As our strategy to be the UK’s leading value provider of fixed connectivity continues to deliver, we are on course to report Headline revenue growth, stable ARPU and a 15% year-on-year increase in Headline EBITDA. Alongside the core business we continue to make good progress on our plans for full fibre (FTTP).
We continue to make good progress towards our total commitment of 54,000 homes passed in our full fibre build out. Penetration of the initial 14,000 homes in York is now over 35%, of which the majority are TalkTalk customers and we are continuing to see outstanding customer advocacy scores.”
TalkTalk was in the news recently after it cancelled its planned sale of its direct to business wing to Daisy Group in a potential £175m sale.
Find your perfect superfast fibre, broadband and TV deal with price comparison site fibrecompare.com