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Broadband suppliers blame slowdown on housing crisis

Posted on 01 August 2008

From Guardian.co.uk: Britain’s broadband boom is stuttering as consumers grapple with rising price and the crumbling housing market. Four of the UK’s big six providers yesterday announced that the past three months saw demand for high-speed internet access down on the previous quarter and down on last year.

With many households looking to rein in spending and able to access the internet at work, the industry believes growth over the summer is likely to be even slower.

Carphone Warehouse’s TalkTalk business is the UK’s third largest ISP. Yesterday it cut its prediction for annual broadband customer growth by 50%, to between 200,000 and 250,000, after saying it signed 44,000 new customers in the three months to the end of June - compared with 126,000 last year, and 109,000 in the first quarter of 2008….. Full Article: Source


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