Feeds

BSkyB broadband growth chopped in HALF

O2 newcomers have run off and profit is down

Build a business case: developing custom apps

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. ®

5 things you didn’t know about cloud backup

More from The Register

next story
Kate Bush: Don't make me HAVE CONTACT with your iPHONE
Can't face sea of wobbling fondle implements. What happened to lighters, eh?
Assange™: Hey world, I'M STILL HERE, ignore that Snowden guy
Press conference: ME ME ME ME ME ME ME (cont'd pg 94)
Caught red-handed: UK cops, PCSOs, specials behaving badly… on social media
No Mr Fuzz, don't ask a crime victim to be your pal on Facebook
Ballmer leaves Microsoft board to spend more time with his b-balls
From Clippy to Clippers: Hi, I see you're running an NBA team now ...
Online tat bazaar eBay coughs to YET ANOTHER outage
Web-based flea market struck dumb by size and scale of fail
Amazon takes swipe at PayPal, Square with card reader for mobes
Etailer plans to undercut rivals with low transaction fee offer
Call of Duty daddy considers launching own movie studio
Activision Blizzard might like quality control of a CoD film
US regulators OK sale of IBM's x86 server biz to Lenovo
Now all that remains is for gov't offices to ban the boxes
XBOX One will learn to play media from USB and DLNA sources
Hang on? Aren't those file formats you hardly ever see outside torrents?
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.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.
Rethinking backup and recovery in the modern data center
Combining intelligence, operational analytics, and automation to enable efficient, data-driven IT organizations using the HP ABR approach.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.