Carphone's Taylor says full-yr guidance unchanged

LONDON (Reuters) - Carphone Warehouse's (CPW.L) financial guidance for the year has not changed despite a slowing demand for broadband, Finance Director Roger Taylor told Reuters on Thursday.

Carphone said in its full-year results on Thursday that its net and gross broadband additions had been lower than expected, due to the slowdown in the housing market and a strong performance in mobile broadband sales which customers could use instead of fixed-line.

It also said however that churn, or the number of people leaving the service, was falling, as were subscriber acquisition costs (SAC).

"Churn is down and so is our SAC cost, so actually our margins are greater, so our financial guidance for the year doesn't change," Taylor said in an interview."

He declined to comment on the situation with Italian broadband operator Tiscali (TIS.MI), which is up for sale. Carphone had initially been strongly linked with a bid for the division of the company but a source familiar with the situation has since said it has been dropped from the process.

(Reporting by Kate Holton; Editing by David Holmes)