BT Nears 2Million ADSL User Milestone
Posted: 12th Feb, 2004 By: MarkJ
BT has today published its third quarter and nine months results to December 31st, 2003. Skipping the financial mumbo-jumbo - the operator reports that it continues to connect 33,000 new ADSL lines each week and has currently installed a whopping 1,930,000 of them!:
Broadband
During the third quarter, additional investment enabled broadband services to be available in exchanges serving 85 per cent of UK homes and we have plans to increase broadband coverage to 90 per cent of UK communities by this summer. We aim to reach a target of 100 per cent broadband coverage of every UK community during 2005.
There was an installed base of 1.93 million Wholesale broadband lines by February 6, 2004, three times the number of connections 12 months ago, with net additions growing at more than 33,000 per week. The increasing base is reflected in a 129 per cent increase in broadband revenues to £128 million in the quarter.
Despite such a large increase, other stats show that fewer 'new' Internet users are subscribing than ever before, with the market appearing somewhat stagnant. So where are all the users coming from?:
Turnover from intermediate products decreased by 9 per cent compared to the third quarter of last year mainly driven by a decline in retail private circuits and ISDN as customers migrate to cheaper partial private circuits and new wave products including broadband and IPVPN.
The total number of BT Retail lines, which includes voice, digital and broadband, increased by 1 per cent to 29.6 million since December 31, 2002, reflecting the continued growth in broadband partially offset by declining PSTN lines.
Just as others have reported, most of the broadband growth is being generated by interest from people with existing dialup or ISDN etc. connections.
The operator also reported that its own broadband ADSL product via BT Retail has an impressive 796,000 customers.
Broadband
During the third quarter, additional investment enabled broadband services to be available in exchanges serving 85 per cent of UK homes and we have plans to increase broadband coverage to 90 per cent of UK communities by this summer. We aim to reach a target of 100 per cent broadband coverage of every UK community during 2005.
There was an installed base of 1.93 million Wholesale broadband lines by February 6, 2004, three times the number of connections 12 months ago, with net additions growing at more than 33,000 per week. The increasing base is reflected in a 129 per cent increase in broadband revenues to £128 million in the quarter.
Despite such a large increase, other stats show that fewer 'new' Internet users are subscribing than ever before, with the market appearing somewhat stagnant. So where are all the users coming from?:
Turnover from intermediate products decreased by 9 per cent compared to the third quarter of last year mainly driven by a decline in retail private circuits and ISDN as customers migrate to cheaper partial private circuits and new wave products including broadband and IPVPN.
The total number of BT Retail lines, which includes voice, digital and broadband, increased by 1 per cent to 29.6 million since December 31, 2002, reflecting the continued growth in broadband partially offset by declining PSTN lines.
Just as others have reported, most of the broadband growth is being generated by interest from people with existing dialup or ISDN etc. connections.
The operator also reported that its own broadband ADSL product via BT Retail has an impressive 796,000 customers.
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