Get 40% Off
💰 Buffett reveals a $6.7B stake in Chubb. Copy the full portfolio for FREE with InvestingPro’s Stock Ideas toolCopy Portfolios

Orange UK scales back broadband, IPTV plans

Published 11/05/2008, 06:00 AM
Updated 11/05/2008, 06:02 AM
ORAN
-
VMED
-
BSBAy
-

LONDON, Nov 5 (Reuters) - Mobile operator Orange has slowed its fixed-line broadband roll-out in Britain and returned to the drawing board on its planned Internet-based TV service as it grapples with the most competitive market in Europe.

Tom Alexander, chief executive of Orange UK, which is owned by France Telecom, told reporters the company had scaled back the broadband roll-out to focus on improving the quality of service rather than simply going for growth.

It is also building out its own broadband network, rather than renting lines from BT, which will allow it to take more control and secure better profits.

Olaf Swantee, the head of Orange's global mobile operations, said he had previously received hundreds of complaints from unhappy broadband customers in Britain but had recently seen that improve after the change of focus.

Orange has just over 1 million users signed to its fixed-line broadband service and is ranked sixth in Britain behind BT, Virgin Media, Carphone Warehouse, Tiscali and BSkyB.

Alexander, speaking late on Tuesday in comments embargoed for Wednesday, said the group was also reviewing its plans to launch Internet protocol television because it was not happy with the service.

Alexander said Orange had run a trial of the TV service in Britain following its success in France and said it had been ready to roll out. But they had decided it was too similar to a TV offering from BT, BT Vision, and wanted to rethink how the service should work.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

"No roll-out imminent," he said at a briefing in central London, adding that they would look at different business models. New business models for TV could include TV on mobile. (Reporting by Kate Holton, editing by Will Waterman)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.