Home
 » ISP News » 
Sponsored

ISP KC Expands Fibre Optic Broadband to 45,000 Hull UK Premises by 2015

Tuesday, November 27th, 2012 (8:06 am) - Score 547

KC, the incumbent internet and phone provider for Hull and East Yorkshire (England), has successfully completed the initial roll-out of their “super-fast350Mbps capable and fibre optic based Lightstream broadband service to pass 15,000 local premises. It now plans to reach an extra 30,000 homes and businesses by March 2015.

The KCOM Group confirmed, as part of its unaudited interim financial results to 30th September 2012, that it had officially passed the first 15,000 premises target last month. The original goal was for the initial deployment to be completed by the end of 2012.

KC predominantly uses ultra-fast Fibre-to-the-Home (FTTH) as its “technology of choice” for delivering the service, although some areas will also make use of a slower Fibre-to-the-Cabinet (FTTC) solution that is similar to BT’s product. The ISPs FTTH solution currently offers top speeds of up to 350Mbps (Megabits per second) and prices start at £25 per month for a 45Mbps connection.

Bill Halbert, Executive Chairman of the KCOM Group, said:

I am pleased to announce further progress towards our longer term goals and another solid set of results, with profitable contributions from all our operating brands. In KC, we continue to see strong demand for our bundled services.

Our initial deployment of super-fast fibre based broadband services has been completed very successfully, and the encouraging results have led us to announce today that we will treble the number of homes we reach with our next phase of fibre deployment.”

So far, the initial phase has attracted 3,200 fibre broadband customers (a strong uptake of 21.33% by our calculations), which is said to be “well above the initial target and expectations” with approximately 7% of those customers being new to KC.

As a consequence KCOM’s overall capital expenditure for FY14 and FY15 is expected to be consistent with current year guidance of £30 million. Meanwhile KC’s profit before tax was up slightly to £27.6 million, although their net debt increased to £94.3 million.

Annoyingly KCOM does not include additional broadband subscriber details in their financial results and refuses to supply them when asked (we’d be grateful if any shareholders could request the details for us).

UPDATE 10:21am

Missed out the word “extra” in our opening paragraph, which is necessary to reflect the fact that the 30,000 figure is in addition to the current 15,000.

Leave a Comment
0 Responses

Comments RSS Feed

Javascript must be enabled to post (most browsers do this automatically)

Privacy Notice: Please note that news comments are anonymous, which means that we do NOT require you to enter any real personal details to post a message. By clicking to submit a post you agree to storing your comment content, display name, IP, email and / or website details in our database, for as long as the post remains live.

Only the submitted name and comment will be displayed in public, while the rest will be kept private (we will never share this outside of ISPreview, regardless of whether the data is real or fake). This comment system uses submitted IP, email and website address data to spot abuse and spammers. All data is transferred via an encrypted (https secure) session.

NOTE 1: Sometimes your comment might not appear immediately due to site cache (this is cleared every few hours) or it may be caught by automated moderation / anti-spam.

NOTE 2: Comments that break our rules, spam, troll or post via known fake IP/proxy servers may be blocked or removed.
Cheapest Superfast ISPs
  • Onestream £19.99 (*27.99)
    Avg. Speed 45Mbps, Unlimited
    Gift: None
  • TalkTalk £21.00 (*29.95)
    Avg. Speed 38Mbps, Unlimited
    Gift: None
  • Vodafone £21.50
    Avg. Speed 35Mbps, Unlimited
    Gift: None
  • Plusnet £21.99 (*36.52)
    Avg. Speed 36Mbps, Unlimited
    Gift: £50 Reward Card
  • NOW TV £22.00 (*40.00)
    Avg. Speed 36Mbps, Unlimited
    Gift: None
Prices inc. Line Rental | View All
The Top 20 Category Tags
  1. FTTP (2893)
  2. BT (2821)
  3. FTTC (1810)
  4. Building Digital UK (1770)
  5. Politics (1708)
  6. Openreach (1661)
  7. Business (1487)
  8. FTTH (1343)
  9. Mobile Broadband (1277)
  10. Statistics (1271)
  11. 4G (1100)
  12. Fibre Optic (1082)
  13. Wireless Internet (1046)
  14. Ofcom Regulation (1042)
  15. Virgin Media (1034)
  16. EE (729)
  17. Vodafone (704)
  18. TalkTalk (689)
  19. Sky Broadband (685)
  20. 5G (565)
New Forum Topics
Promotion
Helpful ISP Guides and Tips
»
»
»
»
»
»
»
»
»
»
»
»
»
»
»
»
»
»
»
»
»
»
»
»
»
»
»
»
»
Sponsored

Copyright © 1999 to Present - ISPreview.co.uk - All Rights Reserved - Terms , Privacy and Cookie Policy , Links , Website Rules , Contact