Posted: 11th Aug, 2005 By: MarkJ
Telewest has also released its latest results for Q2-2005, which showed a total broadband subscriber base of 852,838:
We experienced good growth in the number of broadband subscribers, with 66,000 net additions in the quarter. Growth was slower than in the previous quarter, partly due to the factors indicated above. We believe that we have continued to maintain market share at around 67% in our addressable areas.
Broadband continued to be successful in attracting new customers to Telewest 49% of broadband installations in the quarter were for customers who were not existing customers. Multi-service penetration remained high in broadband, with 71% of all broadband internet subscribers subscribing to the full triple play and 93% subscribing to at least one other product.
In September 2005, we will commence the increase of our broadband speeds, which we expect to complete by early 2006. This will be at no additional charge to our customers. The 512Kb tier speed will be increased to 2Mb. The 1Mb tier speed will be increased to 4Mb. The currently existing 2Mb and 4Mb tier speeds will be increased to 10Mb.Unsurprisingly unmetered dialup subscribers dropped from 85,909 during Q1-2005 to 65,516 in Q2-2005. Metered dialup users fell from 29,376 to 25,048 for the same period. Total = 943,402.
It's understood that most of these simply migrated to the operators broadband platform.