Wycombe Clears Debt To Ex-Owner Hayes Former Valencia VP Makes Proposal Sunderland Owner Open To Offers Australian Open Prize Money Pushing A$50M Rovers Meeting Scottish FA Chiefs Hundreds Reporting Football Abuse Bolton Wanderers' Near Future In Jeopardy British Basketball Bodies Reach Deal Six Nations Announces Bonus System UCI Recognizes Fort William Race
Enter amount in full numerical value, without currency symbol or commas (ex: 3000000).
SBD Global/January 31, 2014/Finance
Sky Reports Rise In Sales Despite 'Noisy' Competition From BT Sport
Published January 31, 2014
BT BATTLE: In London, Mark Sweney reported broadband subscribers, "the focus of its battle with BT," grew by 110,000 to 5.1 million in the last three months of the year. Investors "are keeping a keen eye on the company's churn rate," the proportion of customers that leave Sky, to "gauge the impact of BT's deep-pocketed spending on building its TV service." There "has been speculation" that Sky might need to "add a mobile offering to boost its range of products to customers." When asked about a potential deal with Vodafone, Sky CEO Jeremy Darroch "did not explicitly deny that talks had taken place," but said speculation of a merger or acquisition was "wide of the mark." Darroch: "We talk to lots of different companies about lots of things, it is part of the ecosystem of the market" (GUARDIAN, 1/30).