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TalkTalk Telecom Q1 Total Revenues Up 31% - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

TalkTalk Telecom Group plc (TALK.L) Friday said total revenues for the first quarter increased by 31% year-on-year to GBP 444 million from GBP 340 million. The company attributed the growth primarily to continued broadband customer growth.

In an interim management statement the company noted that Broadband revenue growth reflected the acquisition of Tiscali and the continuing steady improvement in broadband ARPU. This was driven by the continuing appeal of Boost products and higher-value Pro proposition, now re-named Plus, which makes up around 10% of new sales.

The company added that it remains confident to report financial results for the year to March 31 in line with the guidance of 6 to 8% revenue growth, and 20% growth in normalised earnings per share and dividends per share.

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