Feeds

PlusNet posts improved numbers

BB numbers up too

  • alert
  • submit to reddit

Internet Security Threat Report 2014

PlusNet - the Sheffield-based ISP - added almost 50,000 new broadband punters over the last year as it continues to pursue its strategy of being a "best value" ISP.

The number of high broadband punters grew 68 per cent to 113,084 from 67,383 in June 2004.

The increase in numbers helped takings for the six months to the end of June increase 28 per cent to £16.4m compared to £12.8m last year.

At the same time operating profit jumped 60 per cent to £2.2m from £1.4m.

Commenting on today's interim results chief exec Lee Strafford said the company had seen "excellent progress in sales and profitability".

"We operate within a high growth market and our unique, scalable and highly automated business model puts us at the forefront of that growth. The outlook for the company remains very positive."

Like others in the industry, the ISP is still on the lookout to acquire other companies as the industry continues to consolidate but only if such deals "would add significant value to the business".

By mid morning shares in PlusNet were up 4p to 229.5p. ®

Related stories

PlusNet ditches fair usage policy
PlusNet racks up 100k broadband punters
PlusNet doubles broadband numbers
PlusNet to trial BT's 8Mb broadband

Beginner's guide to SSL certificates

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
DOUBLE BONK: Testy fanbois catch Apple Pay picking pockets
Users wail as tapcash transactions are duplicated
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Google Glassholes are UNDATEABLE – HP exec
You need an emotional connection, says touchy-feely MD... We can do that
YARR! Pirates walk the plank: DMCA magnets sink in Google results
Spaffing copyrighted stuff over the web? No search ranking for you
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.
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.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
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.
New hybrid storage solutions
Tackling data challenges through emerging hybrid storage solutions that enable optimum database performance whilst managing costs and increasingly large data stores.