BSkyB posts solid Q1 customer growth despite BT launch

Last Updated: Thursday, October 17, 2013 - 12:43

London: Britain`s dominant pay-TV provider BSkyB recorded solid demand for its TV and broadband offering in the first quarter, brushing off the impact of rival BT`s new sports service.

BT in August launched a new TV service free to existing broadband customers which is designed to protect its broadband and telephony business, in the biggest challenge to BSkyB since Rupert Murdoch launched the pay-TV group over 20 years ago.

On Thursday BSkyB, 39 percent owned by Murdoch`s 21st Century Fox , said it had added 111,000 broadband customers in the three months to the end of September, up 9 percent last year.

It added 37,000 new customers to its TV offering, helping it to post revenue and adjusted operating profit in line with forecasts.

Reuters
First Published: Thursday, October 17, 2013 - 12:43
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