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Orange sees rise in home broadband subscribers
Thursday 3rd November 2011, by Sam Pickard
Orange has witnessed a rise in the number of subscribers to its home broadband services.
It is the first time in four years that the broadband provider has seen an increase in registrants to the technology. The last time Orange recorded a jump in customers to the service was November 2007.
As a result of the news, the firm has achieved its objective of "turning around the business" in 2011's third quarter, according to Everything Everywhere, which runs T-Mobile and Orange.
Everything Everywhere also cited progress in other areas during the three-month period, with underlying turnover growing 0.6 per cent and underlying service revenue increasing by 3.8 per cent.
In addition, it will launch the first live customer trial of 4G technology in Britain, while a new customer platform and partnership with RACO Wireless will enable US customers to access its networks and partners for their worldwide operations.
Everything Everywhere is also on course to reach £3.5 billion in synergy savings by 2014, while 47 per cent of its consumers are now on postpaid contracts, representing a rise from the 43 per cent figure reported in 2010's third quarter.
Olaf Swantee, chief executive officer of Everything Everywhere, said: "Despite ongoing economic pressure and the impact of regulated cuts to mobile termination rates, our business performance is in line with our current expectations.
"The success we've had adding nearly 900,000 postpaid customers in the last year is helping to drive underlying service revenue growth."
Last week, Point Topic claimed that five million more households throughout the world could afford broadband deals if costs dropped by just one per cent.
However, the firm warned that the spectre of a digital divide may occur, as many areas outside of rich business districts do not have access to full peer-to-peer or active optical services.
