UK Satellite Leader See Customer Numbers Climb

07 November 2006

LONDON: UK pay television firm BSkyB has beaten forecasts to notch 82,000 new subscribers in the first quarter of its financial year. In addition, it says it has received one million registrations of interest in its new broadband service.

Britain's biggest satellite provider, part of the News Corporation empire, now has 8.25m customers.

However, its investment in the fiercely competitive British broadband market - taking on BT, NTL and Carphone Warehouse - drove down fiscal Q1 pretax profit by 17% to £166 million ($314m; €247m).

Despite this, BSkyB says it is pleased by customer response to its broadband offering and its ability to manage demand.

Comments ceo James Murdoch: "We are building on our leadership in pay television and are becoming an increasingly well positioned challenger in the £20bn combined industry for pay television, broadband and telephone services."

Data sourced from BBC Online; additional content by WARC staff