TalkTalk talks up higher on-net subscriber base, as FY12 revenue drops 4.4%

Alternative British broadband and fixed voice provider TalkTalk has released results for its financial year ended 31 March 2012, and while the operator saw a drop in its total number of broadband subscribers it highlighted an increase in those customers signed up for more profitable on-net services. As at end-March 2012 TalkTalk’s broadband subscriber base stood at 4.066 million, down from 4.199 million a year earlier, although on-net subscribers rose by 4.1% year-on-year to reach 3.755 million, and now account for more than 92% of the total base, compared to around 86% a year earlier. Sign-ups for the telco’s fibre-based upgrade option, which increases downlink speeds up to 40Mbps for an extra GBP10 (USD16) per month, continued to grow meanwhile, with 9,000 customers now having taken up the add-on.

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OVETEL TalkTalk talks up higher on-net subscriber base, as FY12 revenue drops 4.4%