Feeds

Wanadoo UK racks up 192k broadband punters

Whatever

  • alert
  • submit to reddit

Secure remote control for conventional and virtual desktops

Wanadoo UK (formerly Le Freeswerve) added 34,000 new ADSL punters in the first three months of the year, increasing the total number of broadband customers to 192,000.

This growth means that broadband customers account for 7.4 per cent of its total subscriber base at the end of March, up from 6.1 per cent at the end of December. The figures have yet to reflect demand for Wanadoo UK's new £17.99 a month broadband offer unveiled this week.

However, Wanadoo UK's split between narrowband and broadband punters is way off the pace compared to the whole of the Wanadoo group.

For Wanadoo - a subsidiary of France Telecom and a key player in Europe's ISP sector with more than 9.3m Net access users - had 2.87m broadband subscribers in Europe at the end of March, accounting for 31 per cent of its entire customer base.

This continued growth in broadband numbers helped Wanadoo increase revenues 15 per cent year on year for the first quarter (Q1) as income rose from €567m £380m) to €636m (£426m).

Olivier Sichel, chairman and CEO of Wanadoo, said the performance was in line with targets to gain a million broadband customers in 2004. "Dynamic growth is expected to continue in the coming months in France and in all our European markets, energised by a host of fresh initiatives, including unbundling of the local loop in Spain and the adoption of the Wanadoo brand in the U.K."

Yesterday, France Telecom confirmed that it had bought back enough Wanadoo shares to re-integrate its Wanadoo ISP operation into the FT business. It wants to acquire the outstanding shares in its ISP division in a bid to cash-in fully on future revenues from the growth in broadband. ®

Related stories

Freeserve morphs into Wanadoo
Wanadoo UK to unveil £17.99 broadband
Freeserve confirms Wanadoo makeover
France Telecom cleared to buy back Wanadoo
France Telecom bids for outstanding Wanadoo shares

Secure remote control for conventional and virtual desktops

More from The Register

next story
Mighty Blighty broadbanders beg: Let us lay cable in BT's, er, ducts
Complain to Ofcom that telco has 'effective monopoly'
Download alert: Nearly ALL top 100 Android, iOS paid apps hacked
Attack of the Clones? Yeah, but much, much scarier – report
Broadband sellers in the UK are UP TO no good, says Which?
Speedy network claims only apply to 10% of customers
Yahoo! blames! MONSTER! email! OUTAGE! on! CUT! CABLE! bungle!
Weekend woe for BT as telco struggles to restore service
Fujitsu CTO: We'll be 3D-printing tech execs in 15 years
Fleshy techie disses network neutrality, helmet-less motorcyclists
Facebook, working on Facebook at Work, works on Facebook. At Work
You don't want your cat or drunk pics at the office
Soz, web devs: Google snatches its Wallet off the table
Killing off web service in 3 months... but app-happy bonkers are fine
prev story

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
Seattle children’s accelerates Citrix login times by 500% with cross-tier insight
Seattle Children’s is a leading research hospital with a large and growing Citrix XenDesktop deployment. See how they used ExtraHop to accelerate launch times.
10 threats to successful enterprise endpoint backup
10 threats to a successful backup including issues with BYOD, slow backups and ineffective security.
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?