Feeds

NTL recruits 79,000 broadband cable customers

Will top 100,000 by year end

  • alert
  • submit to reddit

Internet Security Threat Report 2014

NTL claims it has 79,000 broadband cable users and anticipates that it will exceed its target of 100,000 subscribers by the end of the year.

Publishing its third quarter results for the three months to September 30 the company said broadband subscriber number had jumped a whopping 73 per cent quarter on quarter.

The rise follows a joint promotional campaign with cable rival Telewest during the summer, which sought to educate people about the benefits of broadband.

It seems that money was well spent and could be a lesson to other broadband providers that making people aware of the benefits of broadband could pay-off in the long run.

NTL's total revenues - which also includes its telecoms and cable TV business - hit £645 million for Q3, up slightly from the £634million in Q2.

Earnings before interest etc (EBITDA) rose 15 per cent from £115 million in Q2 to £132 million in Q3.

Said Barclay Knapp, president and chief exec of NTL: "We are pleased with our progress this quarter, especially since the third quarter is traditionally challenging in our industry.

"We are continuing to concentrate on our 2001 objectives: improving service levels, realising better revenue potential in our products, reducing costs and increasing asset utilisation," he said.

In recent months the cableco has become a vocal advocate of broadband services. It's called upon business to embrace the technology in a bid to give them a competitive edge ahead of improving market conditions.

And it also called for a "new, bold initiative" from Government asking it to take a more interventionist approach to broadband in a bid to give demand a boost. ®

Related Stories

Back broadband during the downturn
NTL calls for 'new, bold' broadband initiative

Internet Security Threat Report 2014

More from The Register

next story
Of COURSE Stephen Elop's to blame for Nokia woes, says author
'Google did have some unique propositions for Nokia'
FCC, Google cast eye over millimetre wireless
The smaller the wave, the bigger 5G's chances of success
It's even GRIMMER up North after MEGA SKY BROADBAND OUTAGE
By 'eck! Eccles cake production thrown into jeopardy
Mobile coverage on trains really is pants
You thought it was just *insert your provider here*, but now we have numbers
Don't mess with Texas ('cos it's getting Google Fiber and you're not)
A bit late, but company says 1Gbps Austin network almost ready to compete with AT&T
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Cloud and hybrid-cloud data protection for VMware
Learn how quick and easy it is to configure backups and perform restores for VMware environments.
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.