July 17, 2019 / 6:11 AM / 4 months ago

TalkTalk, buoyed by strong fibre demand, reiterates outlook

LONDON, July 17 (Reuters) - British broadband provider TalkTalk said it had added 118,000 new customers to its fibre product in the three months to end June, helping it to reiterate its full-year earnings target.

TalkTalk, which competes with BT, Sky and Virgin Media, said 70% of new consumer customers took fibre in the first quarter, helping to also lift the average revenue it gets from each user.

“Our full-year 2020 guidance of strong EBITDA (core earnings) growth remains unchanged, underpinned by accelerated fibre penetration and our cost reduction plans,” it said. (Reporting by Kate Holton; editing by James Davey)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below