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UK : BSkyB gets 1 mln takers for broadband service

  • 03-11-2006 8:59am
    #1
    bealtine
    Registered Users, Registered Users 2 Posts: 4,051 ✭✭✭


    BSkyB gets 1 mln takers for broadband service
    Published: Friday 3 November 2006 | 08:48 AM CET


    BSkyB has had around 1 million customers register for its broadband service since launching in July a basic service free to its satellite TV subscribers. This has translated into 113,000 firm orders, and the company has connected 74,000 customers so far, of which 88 percent are on its own LLU network. Around half have taken a premium, paid internet service. The company is running a phased order taking and provisioning process, slowly opening up the service to new groups of customers; order processing had accelerated to 20,000 a week by the end of October. BSkyB also reported 35,000 residential broadband customers at its unit Easynet. BSkyB's unbundled network reached 36 percent of households at the end of the period, and is on track to hit 50 percent by year-end. Sky also reported 204,000 customers for its telephony service, saying growth has accelerated since the launch of broadband.

    The residential broadband launch cost the company an operating loss of GBP 35 million for the fiscal first quarter to 30 September, with group operating profit dropping by the same amount from a year earlier to GBP 180 million. Revenues increased 11 percent to GBP 1.071 billion, helped by 5 percent growth in the number of direct-to-home satellite TV subscribers to 8.258 million. Net profit fell by GBP 24 million to GBP 116 million.


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