BT hold 35% of UK broadband market
BT's first quarter results for 2008/9 have been released today and show continued growth within the broadband and other markets. BT Retail added 103,000 broadband customers in the last quarter bringing their total end users up to 4.5 million at the end of June 2008, accounting for 35% of the market. The 103,000 account for 31% of the 338,000 net additions during the quarter. Combining the other sections of the company, BT have 13 million lines under their wing including LLU and wholesale connections.
BT Vision, the Freeview/Video On Demand package from BT has again increased numbers, with users reaching 282,000. BT Fon, the Wi-Fi option that lets you connect via other Fon users worldwide, has also had growth with now over 121,000 members. BT Openzone has around 3,000 hotspots and sees an average usage of 1.1 million minutes per week day.
Other news from BT this quarter saw the launch of WBC which gives users access to faster broadband using their new 21CN network. Currently, coverage is available to just over 5% of the UK market, expected to rise to 40% by April 2009. Earlier this month, BT also announced plans to invest £1.5bn in a fibre to the cabinet/home rollout, and to help fund this has suspended its share buyback programme. £1 billion of this investment is in addition to previous investment plans, with £100 million expected to be invested in each of 2008/9 and 2009/10 with the remaining £800 million over the following three years. They expect to cover 10 million homes by 2012.