Friday, 17 August 2018

TalkTalk adds 67,000 connections, as it continues its focus on fibre

By Chris Kelly, Total Telecom
Tuesday 17 July 18

TalkTalk now has over 4.2 million customers and saw net revenues jump by 4.1 per cent in its most recent financial reporting period

TalkTalk added 67,000 fibre connections over the past three months, according to the company's recent financial report. "We have continued to see solid demand for fibre with 67k net adds in the quarter (Q1 FY18…

TalkTalk added 67,000 fibre connections over the past three months, according to the company's recent financial report.

"We have continued to see solid demand for fibre with 67k net adds in the quarter (Q1 FY18: 72k), with 44 per cent of new acquisition customers choosing to take our higher speed products.

"These customers are accretive to customer lifetime value with materially lower churn and cost to serve," said Tristia Harrison, CEO of TalkTalk.

TalkTalk has also seen solid growth in demand for fixed low-price plans (FLLP), with 2.1 million consumer customers now on FLLPs.

"In Consumer we have again seen good demand for our FLPP, with the base growing to 2.1m in the quarter, in spite of a large number of customers coming to the end of their contract. Churn remains low at 1.28 per cent for the quarter," TalkTalk said in its quarterly financial report.

TalkTalk said that it remains on track to deliver 150,000 net adds for the full year, in addition to 15 per cent year-on-year increase in EBIDTA.

 

Also in the news

TalkTalkCEO: Broadband access is a right, not a privilege 

TalkTalk cans B2B business sale

Charles Bligh to head up TalkTalk-Infracapital full fibe JV

Since you're here...

...the Telecoms industry is characterised by constant change and evolution. That's why it's crucial for telecoms professionals to keep up-to-date with what is happening. Join 35,000+ of your peers and sign up to our free newsletter service today, to be in the know about what is going on. PLUS, as a member you can submit your own press releases!

See all membership options

Please enable JavaScript to view the comments powered by Disqus.

Newsletter signup

Quickly get on board and up to date with the telecoms industry