Business Standard

TalkTalk sets out new fibre plan after first-half earnings rise

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Reuters LONDON

LONDON (Reuters) - British broadband company TalkTalk added 24,000 customers in its second quarter, taking its customer base to 4.2 million and helping first-half core earnings rise to 101 million pounds ($129 million) from 75 million pounds a year ago.

The company also said it was abandoning an earlier plan to build full-fibre networks with investor M&G Prudential, and would instead roll out fibre to up to 60,000 homes in Harrogate, Knaresborough and Ripon in Yorkshire, northern England.

($1 = 0.7811 pounds)

(Reporting by Paul Sandle; editing by Kate Holton)

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First Published: Nov 21 2018 | 1:36 PM IST

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