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TalkTalk news

TalkTalk continued to add to its home broadband customer base during the second quarter of 2014.

The service provider secured another 10,000 subscribers between April and June, taking the total to 4.21 million.

Some 34,000 households signed up for fibre broadband during the quarter - many of whom upgraded from the firm's ADSL packages.

As such, TalkTalk now has 241,000 super-fast broadband customers.

In addition, the popularity of TalkTalk TV - which is based on the YouView platform - continued to rise during Q2 2014.

With 185,000 net additions over the three-month period, TalkTalk pushed through the one million barrier for the first time.

At the end of June 2014, over 1.1 million households were signed up to the Essentials TV or Plus TV packages.

Dido Harding, Chief Executive of TalkTalk, explained that the company experienced the seventh consecutive quarter of base growth.

She said the firm's expansion strategy continues to deliver according to plan, with both subscriber numbers and revenues rising.

Takings rose by 3.1 per cent year-on-year during Q2 2014 to £434 million.

Ms Harding said that "continuing strong momentum" in new products such as TV, and data services in TalkTalk Business, are supporting company growth.

"Importantly, we have also continued to reduce churn on our on-net base, with a third consecutive quarter of improvement, as we continue to improve our customers’ experience and drive increased loyalty through new products," she added.

"We expect revenue growth to again build through the year and we are on track to deliver our 2014-15 revenue and margin guidance, and medium-term financial targets."

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