Feeds

Sky flexes muscles for broadband deathmatch

Media behemoth flashes financial might

5 things you didn’t know about cloud backup

BSkyB has released its annual results, parading its weapons-grade financial clout for the upcoming triple and quadruple play tussle.

Revenues were up 8 per cent to £4.15bn, while pre-tax profits were up 1 per cent to £798m. Operating profit rose 7 per cent to £877m, which was adjusted to £561m, giving earnings of 30.7 pence per share.

The £11m operating loss of Easynet, which comprised revenues of £79m and costs of £90m, was swallowed easily. Sky has so far invested net £12m in its residential broadband roll-out, including £1m in marketing, which can be expected to increase as the battle intensifies.

Sky chief James Murdoch said: "We feel encouraged by the strong demand our customers show for new entertainment and communications services."

Sky will be delivering some sport, movies and Disney content over broadband soon. Its broadband range, launched last week, starts at a "free" 2Mb connection to £10 a month for a £16Mb package, exclusive to Sky TV punters. Those satellite customers in areas lacking Easynet LLU can fork out £17 a month for 8Mb. Bosses see broadband and its fixed line phone service Sky Talk as a way of shoehorning its core pay TV business into homes.

Sky hired 1,500 new call centre staff and 600 home engineers in preparation for demand for its broadband offerings. It spent £37m on LLU over the year. Yesterday Carphone Warehouse conceded it did not prepare well enough for its launch.

Read the full statement from BskyB here (pdf).®

5 things you didn’t know about cloud backup

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
So, Apple won't sell cheap kit? Prepare the iOS garden wall WRECKING BALL
It can throw the low cost race if it looks to the cloud
EE fails to apologise for HUGE T-Mobile outage that hit Brits on Friday
Customer: 'Please change your name to occasionally somewhere'
Time Warner Cable customers SQUEAL as US network goes offline
A rude awakening: North Americans greeted with outage drama
Shoot-em-up: Sony Online Entertainment hit by 'large scale DDoS attack'
Games disrupted as firm struggles to control network
We need less U.S. in our WWW – Euro digital chief Steelie Neelie
EC moves to shift status quo at Internet Governance Forum
BT customers face broadband and landline price hikes
Poor punters won't be affected, telecoms giant claims
prev story

Whitepapers

5 things you didn’t know about cloud backup
IT departments are embracing cloud backup, but there’s a lot you need to know before choosing a service provider. Learn all the critical things you need to know.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Backing up Big Data
Solving backup challenges and “protect everything from everywhere,” as we move into the era of big data management and the adoption of BYOD.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?