06 Jun 2007
Mobile phone giant Carphone Warehouse has announced start-up losses of £72m from the launch of the UK’s first free broadband service last year.
Overall profits for the group fell by 9.5 per cent from £136.1m to £123.1m, reflecting combined start-up losses of £80.5m in the launch of Free Broadband and Virgin Mobile in France.
The company is part of wider changes in the UK broadband provision market. Carphone Warehouse's TalkTalk service was the first to offer free broadband with a voice deal. Orange now provides a similar package. And satellite TV giant Sky and Virgin offer broadband in bundles that include TV channels, interactive content and telephone services.
More than 30 per cent of all new broadband customers in the first quarter of the year went to Sky.
Last month the Post Office announced plans to sell broadband, as part of measures to reverse its ailing fortunes.
Have your say on this article
Newsletters
Latest stories from Networks
Latest videos
You may also like
Networks jobs
Technology Patent Wars
Case studies from large organisations across all sectors
... And rich media, and flexible working, and peaks in traffic ...
Upcoming Events
Join us for this Computing web seminar, in which the Head of BI at the Co-operative Group Nick Colebourn will be explaining just how he reigned in the Group’s sprawling database estate and how significant savings were realised and data quality improved as a result.
Date: 31 May 2012
Time: 11:00 AM
Live June 13th 11:00am: Register now. During this web seminar we will be looking at the sorts of incidents that can bring data centres grinding to a halt and what can be done about them.
Date: 13 Jun 2012
Time: 11:00 am
Receive the latest jobs direct to your inbox
Are you being paid what you are worth?
