BSkyB has announced its annual results for the year ending June 30, 2007. The DTH platform confirmed the data previously announced in the trading update earlier this month. Adding the financials to its buoyant subscriber figures, BSkyB reported a dip in profits from £877 million in 2006 to £815 million as a result of investment in its new broadband service.
Sky Broadband customers now stand at 716,000 while the telephony service Sky Talk, so long the problem child of Sky’s offer, experienced record customer growth of 342,000 to 526,000.
Overall an additional 1.446 million subscribers were added in the past 12 months, 90,000 on the quarter, bringing the total to 8,582,000. The Sky+ digital video recorder now represents 28% of the subscriber base, a total of 2,374,000 units deployed.
HD at 292,000, up 48,000 on the quarter, represents the fastest take-up for an additional TV product by Sky.