Continued broadband subs growth boosts revenue for BSkyB in 9M13

3 May 2013

Alternative British broadband and fixed voice provider BSkyB saw revenues increase by 6% in the nine-month period ended 31 March 2013, as the number of customers signed up to its high speed broadband services continued to climb. In the period under review BSkyB generated turnover of GBP5.381 billion, up from GBP5.078 billion, while EBITDA rose by 8% year-on-year to GBP1.253 billion. The company, meanwhile, recorded a 9% y-o-y increase in operating profit for 9M13 as a result of ‘good cost control’.

Broadband accesses at the end of March 2013 numbered 4.387 million, representing a 13.6% increase against the 3.863 million the telco had on its books a year earlier. BSkyB noted that its network footprint had been enhanced over the period, with it now having a presence in 2,202 exchanges as at end-March 2013. Further, in line with this network expansion the telco has also confirmed that, by moving more customers to on-net services, it has ‘continued to improve the economics of broadband’; 96% of its broadband subscribers are now on-net, with 75% of those connecting via BSkyB’s fully-unbundled MPF product.

United Kingdom, Sky