Virgin Media O2 (VMO2) saw consumer fixed customer and revenue growth in 2024, supported by +9,900 fixed-line net additions and 2.0% YoY ARPU growth in Q4.
Financial Results
WightFibre has reported good results for the financial year ended September 2024, with an increase of 33% in revenue and a boost for network coverage, with 88% of residents now accessing full fibre across the Isle of Wight.
CityFibre has delivered strong revenues in the company’s first full year of profitability since starting its scale rollout, with a 34% increase to £134m as customer take-up continues to grow.
Openreach has passed one million premises for the fourth consecutive quarter, taking its overall footprint to 17 million premises, according to BT update to year-end 2024. The company claims it remains on track to pass 4.2m in FY25 and reach 25m by December 2026.
Fibrus has revealed its annual financial results that show 2024 was the altnet provider’s strongest year for customer acquisition, marking a key milestone in its goal towards half a million connections.
Fibrus has reported its strongest year for customer acquisition, with a 143% increase in connected customers, and customer penetration exceeding 25%.
Airband Community Internet has published its latest financial results for the year ended 2023, revealing the altnet ISP had rapid growth and strong investment to significantly extend its reach.
The BT Group published its latest biannual H1 FY25 results to Sept 2024, which reveals that the company is “firmly on track” to meet long-term cost savings and cash flow targets, and it can confirm EBITDA, capex and cash flow guidance for FY25, albeit on lower revenue guidance.
Virgin Media O2’s results from its recent Q3 financial report shows the company is on track to continue targeted investments over the next year.
Community Fibre’s latest Q3 annual financial report shows a strong year with a growth in revenue by 109 percent to £41.7m at the end of 2023.
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