Sky Deutschland has turned the corner on declining subscriber numbers, but wants to support the upturn with more investment in HD. Controlling shareholder News Corp has agreed to increase the cash injection agreed in the summer from €340 million to €400 million.

Sky added 131,000 subs in Q4 2010 and 183,00 for the year as a whole taking the total to 2.65 million. The HD package took 133,000 new subscribers in Q4 2010, both new subscribers and existing subscribers upgrading. The share of HD subscribers has now grown to 22.4 per cent.

Financials will be available in February but the operator forecast EBITDA loss for 2010 to be between €260 and €270 million.

Other posts by :

1. Revenue jump forecast for Eutelsat
2. Moody’s upgrades Eutelsat’s debt rating
3. Rivada Space Networks wins spectrum dispute
4. Will we take an AI bubble bath?
5. Eutelsat shareholders upset over Rights Issue
6. Amazon Leo satellites en route to French Guiana
7. Deutsche Bank reveals targets for AST SpaceMobile
8. AST SpaceMobile boss outlines benefits
9. Report: LEO build-out accelerates

Categories: Articles, Broadcast, Business, Headline, Pay TV