|Bid||112.90 x 0|
|Ask||113.10 x 0|
|Day's Range||112.50 - 114.70|
|52 Week Range||91.65 - 136.30|
|Beta (3Y Monthly)||1.01|
|PE Ratio (TTM)||40.36|
|Earnings Date||Nov 13, 2019|
|Forward Dividend & Yield||0.03 (2.44%)|
|1y Target Est||119.00|
TalkTalk launched FibreNation last year and said it would connect 60,000 more homes in northern England with fibre, underlining its ambition to build its own ultrafast network reaching three million customers after it abandoned an earlier plan to team up with M&G Prudential. CityFibre has network projects in more than 50 cities, with the aim of connecting 5 million homes with fibre conections. TalkTalk and CityFibre declined to comment.
Goldman Sachs-backed British broadband operator CityFibre has tabled a bid for rival TalkTalk's network company, FibreNation, Sky News reported on Wednesday. TalkTalk launched FibreNation last year and said it would connect 60,000 more homes in northern England with fibre, underlining its ambition to build its own ultrafast network reaching three million customers after it abandoned an earlier plan to team up with M&G Prudential. CityFibre has network projects in more than 50 cities, with the aim of connecting 5 million homes with fibre conections.
British broadband provider TalkTalk added 118,000 new customers to its fibre product in the three months to end June, helping it to reiterate its full-year earnings target. TalkTalk, which competes with BT, Sky and Virgin Media, said 70% of new consumer customers took fibre in the first quarter, driven by rising demand for video content on Netflix, Amazon and YouTube. "This is all around the acceleration of fibre for customers, driven by increases in data, and principally that's due to over the top video streaming," Chief Executive Tristia Harrison told Reuters.
Does the July share price for TalkTalk Telecom Group PLC (LON:TALK) reflect what it's really worth? Today, we will...
British broadband provider TalkTalk reported a 17% rise in full-year core earnings to 237 million pounds, in line with expectations, as it benefited from lower costs and customers switching to faster fibre products to watch video. Chief Executive Tristia Harrison said simplifying the customer offer over the last two years had strengthened the fundamentals of the business. TalkTalk said a record 152,000 people took its faster fibre products in the final quarter of the year.
British broadband provider TalkTalk reported a 17% rise in full-year core earnings to 237 million pounds ($300 million), in line with expectations, as it benefited from lower costs and customers switching to faster fiber products to watch video. Chief Executive Tristia Harrison said simplifying the customer offer over the last two years had strengthened the fundamentals of the business. TalkTalk said a record 152,000 people took its faster fiber products in the final quarter of the year.
British broadband, phone and pay-TV firms must tell customers about their best deals to encourage them to switch away from uncompetitive contracts long after the initial offer period ends, British telecoms regulator Ofcom said on Wednesday. Ofcom said more than 20 million people had passed their initial contract period and many of them were now paying more than they needed to. It said customers who bundled their landline and broadband services together paid, on average, around 20% more when they are 'out of contract', rising to 26% for customers who also took a pay-TV service in their contracts.
The new boss of BT vowed to roll out full-fibre broadband to 15 million homes by the mid-2020s, offering to spearhead Britain's shift to ultrafast networks if the government and regulator make it worth its while. Chief Executive Philip Jansen said the first stage - rolling out fibre to 4 million premises by March 2021 from a previous target of 3 million - could be achieved without cutting the dividend this year. "Our aim is to deliver the best converged network and be the leader in fixed ultrafast and mobile 5G networks," Jansen said on Thursday.
(Reuters) - British energy company SSE Plc has approached companies including broadband provider TalkTalk Telecom Group about a deal to sell its household supply unit, Sky News reported http://bit.ly/2Lm9c2T ...
The FTSE 100 closed up 0.7 percent, posting its best week since December 2016, and the more domestically-focussed FTSE 250 closed 0.5 percent higher, outperforming European stocks. "This week's dovish turn from the Federal Reserve, reinforcing the change of tone from various policymakers through January has helped to increase confidence about the prospect for further gains in the days and weeks ahead," said CMC Markets analyst Michael Hewson. Markets got a boost when U.S. President Donald Trump said he would meet Chinese President Xi Jinping soon to try to seal a comprehensive trade deal and the top U.S. negotiator reported "substantial progress" in two days of high-level talks.
British broadband provider TalkTalk said it would miss full-year earnings expectations due to the cost of acquiring new customers and different accounting standards, sending its shares down by 8 percent on Friday. Chief Executive Tristia Harrison said TalkTalk had nearly reached its 150,000 full-year customer growth target a quarter early and had also had a particularly strong quarter in superfast fibre take-up. Harrison, however, said the customer growth momentum and cost savings, including moving its headquarters from London to Salford in northern England, would drive strong earnings growth in its 2020 financial year.
BT's (BT.L) networks unit Openreach is recruiting another 3,000 apprentice engineers to support the roll-out of ultra-fast fibre-to-the-home broadband to 3 million homes and businesses by the end of 2020. Openreach, which is wholly owned by BT, manages Britain's largest broadband network, with infrastructure used by broadband providers such as Sky, TalkTalk (TALK.L) and Vodafone (VOD.L) as well as BT. Openreach also announced on Monday the 11 new cities and towns where it would build fibre networks this year, including Bury, Greater Glasgow region, and Salford, bringing the total number of locations to 25.
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will work through how we can use Return Read More...