TalkTalk adds subscribers, but Tiscali loses out

Carphone Warehouse has added more broadband subscribers than expected in the second quarter of this year.

The company added 77,000 subscribers to its TalkTalk broadband arm, almost doubling the initial forecast of 41,000 for the period.

Despite the good news, finance director Roger Taylor said it doesn't mean the market has recovered.

"The worst seems to be over, but there's not much grounds for there to be a huge upturn in the economy either," he told Reuters in an interview.

"We see this current consumer environment potentially sustained for another 12 to 18 months," he added.

While TalkTalk is winning customers, Carphone's recent acquisition Tiscali posted less impressive figures. It lost 62,000 broadband subscribers in the quarter, but the Carphone Warehouse said it would receive a rebate on the initial deal to compensate for the loss.

Jennifer Scott is a former freelance journalist and currently political reporter for Sky News. She has a varied writing history, having started her career at Dennis Publishing, working in various roles across its business technology titles, including ITPro. Jennifer has specialised in a number of areas over the years and has produced a wealth of content for ITPro, focusing largely on data storage, networking, cloud computing, and telecommunications.

Most recently Jennifer has turned her skills to the political sphere and broadcast journalism, where she has worked for the BBC as a political reporter, before moving to Sky News.