BSkyB posts solid Q1 customer growth despite BT launch
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.