Sky adds 96,000 broadband customers in last quarter
Love or hate Sky they are clearly doing something right as in the highly competitive retail broadband sector they have managed to add 96,000 broadband customers as revealed in the results for the 12 months to the end of June 2015.
The growth is slightly less than the previous quarter, but is 92% up compared to the same quarter 12 months ago and once you add the growth in TV customers you can see why there has been an 18% increase in operating profits at Sky.
This performance is better than TalkTalk who somehow managed to publish results that did not show the last quarters additions/loses and just reported flat performance in terms of additions. The Sky results though seem to have dropped several useful snippets like the ratio of on-net to off-net customers and how their fibre sales are performing. The York joint venture with CityFibre gets no mention in the results either.
NOW TV which offers Sky Movies, Sky Sports and core Sky TV channels over IPTV with any broadband connection has always been a tough beast to find out how popular it is but the number of transactions is said to be 1.5 million in the last 12 months. Whether this includes people signing up for the free 30 day trial or buying passes we are not told but Sky Sports passes are three times more popular this year, helped by the introduction of Sky Sports Weekly and Monthly Passes at £10.99 and £31.99 per month.