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Tiscali EU Tops 1.44m ADSL Users

Posted: 07th Aug, 2004 By: MarkJ
Pan-European ISP Tiscali has just report its latest set of financial results to June 2004. Despite some problems, broadband users were up to 1.44m across Europe, with a target of 1.7m for years end:

With regard to second quarter results, the Company has recorded a normalization of the growth in ADSL subscribers, compared to the record growth reported in 1Q04. This is consistent with the Group’s strategic plan to focus on ADSL customers, which yield higher margins than wholesale ones. Over 127,000 ADSL users now receive unbundled access services.

The target of ADSL customers at year end 2004 has been improved to 1,7 million.

During 2Q04 the Company realized investments in the further development of the unbundling infrastructure in Italy and France, thus confirming the expected launch of unbundled ADSL services also in those countries in 2004.

The ADSL unbundling offer is continuing both in the Netherlands and in Denmark, where more than 55% and 80% of ADSL customers now receive unbundled services, with a gross marginality of ca 70%, substantially higher than under wholesale tariff scheme.

As of 30th June, ADSL customers were 1.44 million, more than tripled compared to a year ago (+16% vs 1Q04), with an average of 17,000 new subscribers signing up each week). The total number of active users were 7.9 million, of which 6.5 million were dialup users.

55% of total ADSL subscribers in the Netherlands and more than 80% in Denmark now receive ADSL unbundled services. More customers are expected to be unbundled in Italy and France in the second half of the year.

Sadly Tiscali doesn't offer a country-by-country break down of Internet subscription numbers.
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