TalkTalk pushes back handset offer, reports strong profits

TalkTalk pushes back handset offer, reports strong profits

TalkTalk has pushed back launching a handsets offer until later this year, after originally targeting a spring launch.

The company launched an MVNO with Vodafone in 2010. It said it now has more than 70,000 customers taking mobile in addition to their phone and broadband services.

The MVNO has now built its Sim-only offer to hold a 7.5% share of the market since launch. It did not give figures, but said it experienced 'significantly' lower churn on its Sim-only offer.

In January, TalkTalk hired Dan Meader, formerly of O2, as its head of direct trading for the UK. A handset offer had been touted for spring, but this has since been delayed. In its full year results for the 12 months ending 31 March 2012, profits more than doubled from £57m to £127m. However, sales fell from £1.77bn to £1.69bn. TalkTalk chief executive Dido Harding said: 'We will achieve our growth and margin targets through continued expansion of our network, further operating efficiencies, adding more services to become a genuine quad-play, growing scale in our business to business operations and increasing our sales of superfast broadband. We believe the successful implementation of this strategy, supported by our financial strength, will deliver significant customer and shareholder value.'

Editor: Graeme Neill

Written by Mobile Today
Mobile Today


If they improved their awful Cust Service they might do even better.
Please wait...

Please write code to prove you're human