January 31, 2020 / 7:28 AM / a month ago

TalkTalk adds 148,000 fibre customers, on track for year

FILE PHOTO: A woman speaks on her phone as she passes a branded logo outside the Talktalk headquarters in London, Britain May 10, 2017. REUTERS/Neil Hall

LONDON (Reuters) - Broadband provider TalkTalk (TALK.L) said it added 148,000 fibre connections in the third quarter, representing 32% of all the new fibre-to-the-cabinet lines on BT’s Openreach network and largely offsetting an industry-wide decline in voice revenue.

TalkTalk, which agreed to sell its own fibre network to CityFibre this month, reported a slight dip in headline revenue to 383 million pounds ($503 million), but said cost savings kept it on track to meet full-year core earnings expectations.

Reporting by Paul Sandle; editing by James Davey

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