Sky puts in boom quarter, 1m+ on HD
May 1, 2009
BSkyB has delivered profit gains in the last quarter as more customers signed up for its high-definition digital services. Pre-tax profits rose 13% to £63m (E70m) between January and March. It added 243,000 customers for its Sky+HD service, but with churn the net gain down to 80,000 new customers.
Revenue was up to £1.4bn, from £1.25bn in the same period last year.
Sky now has a total of 9.3 million customers, with five million of those now subscribing to Sky+. More than one million subscribers now have Sky’s high-definition service. Customers with triple play from Sky are now about 15% of the broadcaster’s total users, up from 9% a year ago.
“Looking ahead to the rest of 2009, we expect conditions to remain challenging,” BSkyB said. “In difficult times, customers are making careful choices.”
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