Originally Posted by KDH:
“Sky feeling the heat?”
I bet they're really worried...NOT.
Sky results to 31 December 2008
Sky has announced its results to 31 December 2008. Very strong results which appear to have beaten forecasts.
Highlights:
Total customers up 171,000 in the quarter to 9,238,000
Sky+ up 515,000 in the quarter to 4,650,000
Multiroom up 68,000 in the quarter to 1,723,000
Sky+HD up 188,000 in the quarter to 779,000
Broadband up 163,000 in the quarter to 1,955,000
Telephone up 139,000 in the quarter to 1,500,000
Annualised Churn - 9.9% (10.9% in prior quarter)
Average annual revenue per customer - £444 (£430 in prior quarter)
Most significant growth is Sky+HD, up 32% in just one quarter. Sky+HD set-top box price reduced to £49 from 28 January 2009 and 1,000 jobs created to support growth.
Number of customers with Sky+ (including HD) is now over 50% of customer base.