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[Bowdon]

https://www.ispreview.co.uk/index.php/2018/05/talktalk-top-4-05m-broadband-subs-update-on-ftth-and-sell-b2b.html

UK ISP TalkTalk has today published their latest half year results to 31st March (FY 2018), which saw them add +59,000 new on-net broadband subscribers (up from +46k in H1) to total 4,139,000. We also got an update on their “full fibre” FTTH/P plans and they’re selling their direct B2B business to Daisy for £175m.

The past few months have been quite busy for TalkTalk. During this period the ISP has started a trial of their new Multi-Room TV service, launched their new 150Mbps and 300Mbps G.fast based home broadband packages and introduced a new Sagemcom based “Wi-Fi Hub” router with faster WiFi.

Elsewhere the ISP noted that demand for their largely FTTC (VDSL2) based faster “fibre broadband” service remains strong and the ISP added +188,000 new fibre customers during the six months (up from +160k in the previous 6 months). Some 45% of new customers choose to take their fibre services (up from 40% in H1).

However by far and away the biggest development has been their proposal to rollout a 1Gbps capable Fibre-to-the-Home (FTTH) network to 3 million UK premises, which is supported by an investment £1.5bn. This requires them to establish a new company, which would be 20% owned by TalkTalk and 80% by Infracapital; the latter will contribute £400m and TalkTalk £100m (plus they will then take on c.£1bn in debt).

Outside of that TalkTalk’s only other real foray into the realm of ultrafast home broadband has been via their separate 1Gbps capable FTTH/P network in the city of York, which is being conducted with infrastructure builder Cityfibre. Sky Broadband also played a part during the initial deployment phase and they currently retain wholesale access to the network during its on-going extension.

Interesting to see progress being made in different areas. TT seem like an ISP that likes its fingers in many pies. I hope that pays off for them, and ultimately we the customers.