Posted: 19th May, 2005 By: MarkJ
BT gained 825,000 broadband xDSL connections during the first quarter of this year, helping to push the total above 5m and considerably ahead of its original target. Separately BT Retail's own ISP's grew by 18% for the same period to 1,752,000 broadband connections:
Net additions of 261,000 in the quarter included the impact of BT Yahoo!s successful narrowband upgrade programme and results in a 29 per cent share of the broadband DSL market additions in the full year and 32 per cent in the quarter.
UK Wholesale new wave turnover increased by 80 per cent to £207 million, mainly driven by broadband. We reached 5 million broadband DSL lines in early April 2005, a year ahead of our target representing an increase of 126 per cent from March 31, 2004. A new broadband DSL connection was made every 10 seconds of every day in the quarter.
Much as we've come to expect, BT is again afraid to show the more negative impact of its narrowband (dialup) subscriber figures in its results. We do wish theyd include them, especially while dialup is still an active product of theirs.