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TalkTalk sees Q1 revenue impacted by Covid-19; adds 67,000 fibre customers
2020-07-21 11:26:00| Telecompaper Headlines
(Telecompaper) UK telecoms provider TalkTalk has reported headline revenue of GBP 358 million (excluding carrier and off-net) for the three months to 30 June, down from GBP 387 million a year earlier. The fall is primarily down to the impact of Covid-19 (trading restrictions and cancellation of live sports) and ongoing industry-wide declines in voice usage made worse by lockdown, the operator said. However, TalkTalk said it had seen trading recovery and significant ARPU improvement in June and July, and expects ARPU to continue improving during the rest of FY21, driven by growth of fibre and Ethernet products.
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Category:Telecommunications