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Sky grows 9-mth operating profit 20%

2015-04-21 08:43:00| Telecompaper Headlines

(Telecompaper) European pay-TV provider Sky reported operating profit for the nine months to March up 20 percent year-on-year to GBP 1.025 billion. Group revenues grew by 5 percent to GBP 8.453 billion, amid a 6 percent increase in UK and Ireland, 9 percent growth in Germany and stable results in Italy. Subscription revenues were up 5 percent to GBP 7.280 billion, after the company added a total 947,000 customers in the past 12 months. In the three months since its last financial report, Sky gained 241,000 customers, for a total 20.848 million at the end of March. The number of products sold rose by just over 1 million in the quarter to 53.035 million. Sky said it was making good progress with its integration process and was on track to realise GBP 200 million in synergies by the second year after merging its European operations. 

Tags: operating profit sky grows

 

Sky Plc (SKY) Scheduled to Post Earnings on Tuesday

2015-04-19 16:42:43| Mobile Homes - Topix.net

Sky Plc will release its earnings data on Tuesday, April 21st. Persons interested in registering for the company's earnings conference call can do so using this link .

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Intel in the sky? Chipmaker invests in drone startup

2015-04-17 17:48:01| Agriculture - Topix.net

Intel Capital, which is the global investment arm of Intel Corp. , has made an undisclosed investment in a Silicon Valley drone startup, according to Forbes. Intel Capital , which is the global investment arm of Intel Corp. , has made an undisclosed investment in a Silicon Valley drone startup, according to Forbes .

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Telecom Italia, Sky launch IPTV service

2015-04-17 02:00:00| Total Telecom industry news

Italian operator launches quad-play offer starting at 39 per month.

Tags: service italia sky launch

 

Telecom Italia, Sky unveil joint quad-play offering

2015-04-16 14:42:00| Telecompaper Headlines

(Telecompaper) Telecom Italia and pay-TV operator Sky Italia have launched their joint quad-play (mobile and fixed telephony and broadband, plus TV) offering, to be called TIM Sky. A dedicated version of the My Sky HD decoder has been created for the IPTV service, which will offer Telecom Italia customers the complete Sky line-up of over 150 channels, 60 in HD and one in 3D. Initially, TIM Sky will be available for all Telecom Italia customers with a fibre-optic connection at speeds of up to 100 Mbps and ADSL at up to 20 Mbps. The full quad-play package will cost EUR 39 per month for the first 12 months (EUR 59 thereafter). Customers who already have a Telecom Italia fibre or ADSL broadband subscription will be able to receive the Sky channels for an additional EUR 14 per month. Telecom Italia said the deal would boost demand for its ultrabroadband network in Italy, while Sky said it will use the agreement to target the millions of homes that were hitherto unable to receive its offerings by satellite. The companies later confirmed that the deal will last an initial five years.

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