Posted: 08th Aug, 2008 By: MarkJ
Tiscali UK has released its latest half-year results to 30th June 2008. Despite a lot of PR spin, this appears to show a reduction in broadband ADSL subscribers from 1,875,000 in Q1-2008 (
original news) to 1,838,000 by the end of Q2-2008 (-37,000):
The UK operations also saw the highest growth in the ADSL and Voice segments. Indeed, ADSL access services generated revenues of EUR 210.5 million (57% of total revenues) in the first half on 2008, an increase of 32% on the figure of EUR 159.6 million for the first half of 2007. Voice services, which also include analogue products sold alongside ADSL services, generated revenues of EUR 119.1 million, an increase of 131% on the EUR 51.6 million for the same period in 2007.
At 30 June 2008, approximately 288,000 ADSL users had been acquired with respect to 30 June 2007, bringing the total number of users up to 1,838,000, including 880,000 direct (ULL) customers, and around 884,000 customers subscribing to dual play services. The retail ARPU for broadband services in the UK stood at EUR 29 per month, stable compared to the year 2007, despite the greater competitive pressure.
Naturally
Tiscali makes no real mention of its traumatised sale (strategic review), other than to say that the process is continuing. We suspect that there will be little movement on this front, especially in regards to its UK division, until at least September.
Provided Tiscali continues to lose broadband subscribers then it may soon find itself being overtaken by Sky. See our '
Top 10' page for a comparison of subscriber sizes.