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The efforts to try and save broadband ISP TalkTalk from its rapidly suffocating debts took another twist today after a report claimed that shareholders, led by company founder Sir Charles Dunstone, are attempting to sweeten their offer to lenders by introducing an asset pledge – worth c.£200m – to support an already proposed capital injection of over £200m.
The CEO of Oxfordshire-based alternative broadband provider Zzoomm, Matthew Hare, has revealed that they’re still aspiring to cover 1 million UK premises with their 2Gbps FTTP network (despite the recent move to stop new building work), but “if we can’t build it ourselves then … you have to buy it” (growing through consolidation).
Network operator nexfibre, which shares some of their parentage with retail ISP partner Virgin Media (VMO2), has this morning published their latest quarterly (Q2 2024) progress update on the roll-out of their new 10Gbps capable Fibre-to-the-Premises (FTTP / XGS-PON) broadband ISP network. This includes details on build locations for 2025 and early 2026.
Comcast-owned internet, TV and mobile provider Sky UK has published an interesting new report, which reveals a lot of new details about their network and TV usage, which we haven’t previously seen. For example, ISP Sky Broadband now has 1.5 million FTTP customers and internet traffic peaked at 24.35Tbps on 9th April 2024.
The latest Q2 2024 results from Virgin Media (O2) have today been published, which reveals that they’re now home to 5,710,700 fixed broadband customers (down by -12.2k in Q2 2024 vs +5.3k in Q1) and built another 295,300 full fibre (FTTP) premises – mostly via nexfibre (up from 194k last quarter). Both VM and nexfibre now cover 5m premises via full fibre.
Consumer magazine Which? have today named the winners of their annual Shoddy Awards 2024, which lists the companies that have done poorly through the year. Suffice to say that broadband provider Virgin Media picked up the award for “Worst Telecoms Company” due to “poor customer service and mid-contract price hikes“.