Feeds

NTL Q1 BB growth ‘unusually high’

Steady outlook

  • alert
  • submit to reddit

Beginner's guide to SSL certificates

NTL has around 691,000 broadband customers, the UK's biggest cableco announced today.

Publishing Q1 results to the end of March the company said that it around 661,000 broadband users. At the end of April that figure had risen to 691,000, it said.

However, NTL warned that broadband growth was "unusually high" in the first quarter due to a number of "special circumstances".

As a result, the company warned: "Therefore, although broadband growth should remain strong for the remainder of the year, the absolute number of quarterly additions going forward is likely to be lower than the rate experienced in the first quarter."

The proportion of punters taking telephone, TV and Internet services from NTL - aka the "triple play" - increased from around 5 per cent in Q1 2002 to 17 per cent this year.

Overall, the cableco generated revenues of £546.5 million ($875.9m) in the first three months of the year.

EBITDA (earnings before interest etc) ran in at £156.5 million ($250.8m). ®

Related Stories

NTL has 380k 128K 'broadband' punters
UK cable industry has 1M broadband punters

Intelligent flash storage arrays

More from The Register

next story
TEEN RAMPAGE: Kids in iPhone 6 'Will it bend' YouTube 'prank'
iPhones bent in Norwich? As if the place wasn't weird enough
Consumers agree to give up first-born child for free Wi-Fi – survey
This Herod network's ace – but crap reception in bullrushes
Crouching tiger, FAST ASLEEP dragon: Smugglers can't shift iPhone 6s
China's grey market reports 'sluggish' sales of Apple mobe
Sea-Me-We 5 construction starts
New sub cable to go live 2016
New EU digi-commish struggles with concepts of net neutrality
Oettinger all about the infrastructure – but not big on substance
EE coughs to BROKEN data usage metrics BLUNDER that short-changes customers
Carrier apologises for 'inflated' measurements cockup
Comcast: Help, help, FCC. Netflix and pals are EXTORTIONISTS
The others guys are being mean so therefore ... monopoly all good, yeah?
Surprise: if you work from home you need the Internet
Buffer-rage sends Aussies out to experience road rage
prev story

Whitepapers

A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.