Feeds

Sky's the limit as firm rakes in 400,000 new customers

Good times all round

Seven Steps to Software Security

BSkyB saw revenues grow but profits fall slightly for the year ended 30 June 2007.

Turnover was up 10 per cent to £4.55bn, but profits - or at least Ebitda - was down slightly at £1.01bn, compared to £1.02bn last year.

Network investment soaked up a lot of cash and Sky also made one exceptional payment of £65m to a channel provider.

Margins are still grossly healthy - gross margin is 63 per cent compared to 61 per cent last year.

The firm has enjoyed a 13 per cent increase in new customers, with high definition services reaching 292,000.

Overall, TV customer numbers are now 8.582 million, while Sky Broadband is serving 716,000.

Sky now has its own kit in 1,150 telephone exchanges around the UK, covering 70 per cent of households. And while a basic broadband service is bundled with TV, 71 per cent of its broadband customers are now choosing to pay for the service.

As a telecommunications company, Sky is shaping up well, with broadband, TV, and over half a million customers on Sky Talk. The only missing component is a mobile phone network, and that can't be absent for long.

The full results are here. ®

The smart choice: opportunity from uncertainty

More from The Register

next story
Auntie remains MYSTIFIED by that weekend BBC iPlayer and website outage
Still doing 'forensics' on the caching layer – Beeb digi wonk
Apple orders huge MOUNTAIN of 80 MILLION 'Air' iPhone 6s
Bigger, harder trouser bulges foretold for fanbois
GoTenna: How does this 'magic' work?
An ideal product if you believe the Earth is flat
Telstra to KILL 2G network by end of 2016
GSM now stands for Grave-Seeking-Mobile network
Seeking LTE expert to insert small cells into BT customers' places
Is this the first step to a FON-a-like 4G network?
Yorkshire cops fail to grasp principle behind BT Fon Wi-Fi network
'Prevent people that are passing by to hook up to your network', pleads plod
BlackBerry: Toss the server, mate... BES is in the CLOUD now
BlackBerry Enterprise Services takes aim at SMEs - but there's a catch
prev story

Whitepapers

Top three mobile application threats
Prevent sensitive data leakage over insecure channels or stolen mobile devices.
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.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.