Feeds

Thus Internet revenues flat

Ohÿ

  • alert
  • submit to reddit

High performance access to file storage

The Internet division of Scottish telco Thus had a flat year, increasing revenue by only 2 per cent over the last 12 months.

Publishing it's preliminary results for the year ended 31 March, Thus revealed that full year Internet sales increased a smidgen to £76.1 million.

Traditional dial-up subscription and termination revenues for Demon - Thus' ISP - fell 16 per cent year on year to £48.5 million in line with its strategy to focus more on the corporate and SME market. The decline in revenue was countered by increased sales of 60 per cent (£27.6 million) from business oriented services.

The service provider also reported that it had 1,226 ADSL customers at the end of March. Which is odd, because in February El Reg reported that Demon had more than 1,500 broadband punters. Hmm.

Thus reported total revenue was up 8 per cent to £233.8. Losses for the year widened from £56.7 million to £65.6 million. ®

Related Story

iomart hits 1,000 broadband users

High performance access to file storage

More from The Register

next story
A black box for your SUITCASE: Now your lost luggage can phone home – quite literally
Breakfast in London, lunch in NYC, and your clothes in Peru
Broadband Secretary of SHEEP sensationally quits Cabinet
Maria Miller finally resigns over expenses row
Skype pimps pro-level broadcast service
Playing Cat and Mouse with the media
Beat it, freetards! Dyn to shut down no-cost dynamic DNS next month
... but don't worry, charter members, you're still in 'for life'
Like Google, Comcast might roll its own mobile voice network
Says anything's possible if regulators approve merger with Time Warner
EE dismisses DATA-BURNING glitch with Orange Mail app
Bug quietly slurps PAYG credit - yet EE denies it exists
Turnbull leaves Australia's broadband blackspots in the dark
New Statement of Expectations to NBN Co offers get-out clauses for blackspot builds
Facebook claims 100 MEEELLION active users in India
Who needs China when you've got the next billion in your sights?
prev story

Whitepapers

Mainstay ROI - Does application security pay?
In this whitepaper learn how you and your enterprise might benefit from better software security.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Mobile application security study
Download this report to see the alarming realities regarding the sheer number of applications vulnerable to attack, as well as the most common and easily addressable vulnerability errors.