BSkyB reports subscriber net additions of 94,000

23 Oct 2009

British triple-play provider BSkyB has revealed stronger-than-expected increases in its subscriber base for the three months ended 30 September 2009. The operator reported quarterly net customer additions of 94,000, up from the 87,000 it reported for the same period in 2008; as at 30 September 2009 its total subscriber base had risen to 9.54 million. In line with its growing customer base, the operator also reported an improvement in revenues, generating GBP1.38 billion (USD2.27 billion) in the fiscal first quarter, a 10% year-on-year increase from the GBP1.25 billion in the same quarter last year.

BSkyB reported that customers taking its high speed broadband and fixed line voice services had risen to 2.3 million and 1.98 million respective, with 17% of its customer base taking the operator’s triple-play bundle of satellite TV, broadband and fixed telephony. It also noted that in the quarter more than 200,000 customers had signed up for its fixed line rental service, bringing the total to more than one million. It also revealed that as at 30 September 2009 it had enabled more than 70% of exchanges for full local loop unbundling, and at that date it had more than 150,000 fully unbundled customers.

Commenting on the results, Jeremy Darroch, BSkyB’s chief executive, said: ‘Our business has made a good start to our 2010 financial year with another quarter of strong results. In what continues to be a tough economic environment, we have increased the number of customers joining Sky. High definition has continued to perform very well and more customers are saving money by choosing Sky for each of TV, broadband and telephony.’

United Kingdom, Sky