TalkTalk Group Q3 2016-17 results: Weak quarter, reassuring guidance | Feb 2017

Sectors: 
Fixed Line
Media
Mobile
Telecoms
UK Media
Companies: 
TalkTalk
Virgin Media

TalkTalk had a weak quarter, as was pre-warned, with the decline in the broadband base accelerating and consumer revenue growth of -6% slightly worse than the previous quarter

Guidance was however very bullish, with the company confident that it can bounce back to return to positive net adds in the March quarter, while still hitting its profitability guidance

This looks a difficult task in a market which is still highly competitive, but if it can achieve it, the longer term aim of a stable customer base and growing revenue and profits looks much more plausible

Access TalkTalk Group Q3 2016-17 results: Weak quarter, reassuring guidance