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TalkTalk Group Q4 2013/14 results: Solid net adds, more-than-solid revenue growth - Venture Insights

Report Overview

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TalkTalk Group Q4 2013/14 results: Solid net adds, more-than-solid revenue growth

PublisherEnders Analysis.
Publish Date May 19, 2014
Sector Fixed Line (Internet and Voice).
Company Virgin Media.

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TalkTalk achieved solid broadband net adds, accelerating TV net adds and 5% revenue growth in the March quarter, and a significant price rise in April/May should support this level going forward.

EBITDA is still suffering from set-top box subsidies, but the company is confident in significant expansion going forwards.

Mass market adoption of fibre remains the biggest risk to TalkTalk as a discount brand, but for the moment this is not happening within its base, and TV could help it escape this niche.