Feeds

Broadband gods smile on Telewest

Whatever

  • alert
  • submit to reddit

Next gen security for virtualised datacentres

Broadband continues to boom for Telewest which recorded one of its "best ever" quarters for broadband sign-ups at the end of 2004. And the signs are that the beginning of 2005 is also set to be a cracker as more and more households jump on the broadband bandwagon.

In the last three months of 2004 Telewest added 91,000 new broadband punters taking the total number to 698,236. The first three months of 2005 is also doing well with the cableco expecting to add at least another 80,000.

Despite registering an increase in numbers, the amount of cash Telewest receives from each broadband punter every month slipped on the year, with ARPU falling from £22.52 a month in Q4 03 to £20.23 in Q4 04.

Even so, the company maintains that broadband "continues to be successful in attracting new customers to Telewest". In Q4, for example, almost half of all broadband connections were from new punters with seven in ten subscribing to the full "triple play" (phone, TV and internet) while more than nine in ten took at least one other product.

Said acting chief exec Barry Elson: "We are encouraged by the strong customer growth, our best for four years, the low level of churn and the overall performance of the business.

"This quarter was marked by a tremendous increase in triple play penetration and our best ever quarter for broadband net customer additions.

"This strong performance is due largely to the effective marketing of our product bundles, which continue to drive profitable growth." Publishing financials yesterday Telewest reported that net loss for the year fell from £183m to £176m. Revenue rose a smidgen from £1.3bn to £1.32bn. ®

Related stories

Telewest belted for 'spoof' mailshot
Telewest spanked for broadband ad
Telewest, NTL unveil VoD services
Telewest upgrades network
Telewest tempts dial-up users to broadband

Secure remote control for conventional and virtual desktops

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
No, thank you. I will not code for the Caliphate
Some assignments, even the Bongster decline must
Kaspersky backpedals on 'done nothing wrong, nothing to fear' blather
Founder (and internet passport fan) now says privacy is precious
TROLL SLAYER Google grabs $1.3 MEEELLION in patent counter-suit
Chocolate Factory hits back at firm for suing customers
Mozilla's 'Tiles' ads debut in new Firefox nightlies
You can try turning them off and on again
Facebook, Google and Instagram 'worse than drugs' says Miley Cyrus
Italian boffins agree with popette's theory that haters are the real wrecking balls
Sit tight, fanbois. Apple's '$400' wearable release slips into early 2015
Sources: time to put in plenty of clock-watching for' iWatch
Facebook to let stalkers unearth buried posts with mobe search
Prepare to HAUNT your pal's back catalogue
prev story

Whitepapers

Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Advanced data protection for your virtualized environments
Find a natural fit for optimizing protection for the often resource-constrained data protection process found in virtual environments.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.