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TalkTalk cuts dividend to fund UK full-fibre roll-out

2018-02-08 10:43:00| Telecompaper Headlines

(Telecompaper) TalkTalk confirmed that it was in talks to provide a full-fibre roll-out across the UK, potentially providing full fibre to more than 3 million homes and businesses in medium-sized towns and cities. The announcement was made as TalkTalk issued a trading update for its third quarter to 31 December, with on-network net additions reaching 37,000 in the quarter. The company has increased its net addition forecast for the full year to 150,00-160,000. 

Tags: fund cuts dividend rollout

 

Last week in telecoms: DNA (+13%) biggest winner, TalkTalk heaviest loser (-12%)

2018-02-05 07:34:00| Telecompaper Headlines

(Telecompaper) Positive news also came out of Finland, with both DNA (+13.3%) and Elisa (+8.3%) going up sharply on strong results. Telia (+2.0%) was also up, but Telenor (-2.6%) couldn't benefit, despite raising its dividend and possibly finding a buyer for its Serbian unit. Tele2 (-0.9%) was down as well after reporting steep mobile losses in Sweden and uninspiring developments in the Netherlands. KPN's (-3.6%) Q4 report was in line with market expectations. Technology developments in its fixed-line network, involving advanced VDSL-technology, couldn't prevent the share ending the week down.

Tags: week dna biggest winner

 
 

TalkTalk swings to H1 loss, issues profit warning

2017-11-15 01:00:00| Total Telecom industry news

TalkTalk on Wednesday revealed it swung to a first half loss and warned that its full year earnings will come in at the low end of its guidance, as the U.K. telco seeks to further grow its customer base. "When we simplified and reset the business in May we said our priorities were growth…read more on TotalTele.com »

Tags: issues loss profit warning

 

TalkTalk and Post Office routers hit by cyber-attack

2016-12-01 16:33:59| BBC News | Business | UK Edition

Thousands of TalkTalk and Post Office broadband customers affected by a malware attack.

Tags: post office hit routers

 

Boy, 17, admits TalkTalk hacking offences

2016-11-15 14:40:03| BBC News | Business | UK Edition

A 17-year-old boy admits hacking offences linked to a data breach at the communications firm TalkTalk.

Tags: boy hacking admits offences

 

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