BT Announces Record Quarter for Broadband
BT today announced that the quarter ending September 30, 2004 had been the best ever quarter for wholesale broadband connections in the UK. The company said that more than 600,000 connections were made in the quarter taking BT Wholesale’s end user base to 3,294,000. The news came in the week that saw the UK overtake Germany in terms of broadband users per 100 people in the population.
Commenting on the figures, BT Wholesale CEO Paul Reynolds said: "These are fantastic figures for BT, for the hundreds of service providers we support and for Broadband Britain. The UK market is really taking off and we have just overtaken Germany in terms of broadband take up. The UK already leads the G7 in terms of ADSL availability thanks to BT’s investment and so it is hugely encouraging to see us also climb the league tables for broadband adoption.
"The huge surge in connections was largely due to BT Wholesale’s innovation in stretching the limits of ADSL so that homes beyond 6kms from an exchange can now access broadband. This breakthrough led to a dramatic increase in orders as we were suddenly able to satisfy the pent-up demand that existed in many areas. It was also the case that many more communities had access to broadband in the quarter thanks to the continuing roll out of broadband by BT".
BT also confirmed that BT Retail’s share of the net additions for the quarter had improved from 29 per cent to 30 per cent taking its installed base to 1,283,000 customers.
For more information, visit www.btplc.com
Source: press release
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