Feeds

BSkyB broadband growth chopped in HALF

O2 newcomers have run off and profit is down

The Essential Guide to IT Transformation

BSkyB saw its broadband customer growth halved in the company's third quarter, for which it partly blamed its takeover of O2's home broadband network where as many as 30,000 subscribers quit the service.

The pay-TV giant said that operating profit tumbled 8.5 per cent to £910m for the nine months ended 31 March, after the company chucked cash at Premier League rights as it continued to battle BT for footie telly supremacy.

During the period, the telco reported a 6.6 per cent climb in sales to £5.6bn.

It said that 70,000 subscribers had signed up to its broadband product during the quarter.

BSkyB said that there had been "slightly higher levels of churn from the acquired O2 broadband base as we complete the migration of the remaining customers."

To put that into perspective, in the same period a year earlier - when The Register first broke the news that BSkyB was about to scoop up O2's home broadband network - the company added 152,000 customers to its service.

BSkyB admitted today that the buyout of O2's consumer wing had "an estimated impact of between 20,000 and 30,000" people abandoning the network.

Its total broadband base is now just shy of 5.2 million subscribers. ®

Boost IT visibility and business value

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
Sonos AXES support for Apple's iOS4 and 5
Want to use your iThing? You can't - it's too old
Stick a 4K in them: Super high-res TVs are DONE
4,000 pixels is niche now... Don't say we didn't warn you
Philip K Dick 'Nazi alternate reality' story to be made into TV series
Amazon Studios, Ridley Scott firm to produce The Man in the High Castle
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
Too many IT conferences to cover? MICROSOFT to the RESCUE!
Yet more word of cuts emerges from Redmond
Joe Average isn't worth $10 a year to Mark Zuckerberg
The Social Network deflates the PC resurgence with mobile-only usage prediction
prev story

Whitepapers

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.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.
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.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.