Arqiva says revenues in its Terrestrial Broadcast business grew by 8.6 per cent in the last 12 months.
The transmission company secured £487.5 million from the sector as it increased its clearance of the 700MHz band.
It also made progress in the rollout of DAB and continued delivery of smart-metering networks.
Total revenues increased by 2.2% to £962.4m from £941.3m last year.
However, revenue from Satellite and Media business decreased 9.1 per cent year-on-year to £133.5 million. Arqiva launched just four new HD channels as it sought to concentrate on high margin businesses.
“Whether through spectrum clearance, smart-metering, DAB radio or digital television, Arqiva continues to underpin the country’s most popular digital services,” Simon Beresford-Wylie, Chief Executive of Arqiva, said. “Yet we are not merely a participant. We are also helping to shape the future of our industry by introducing new technology that ensures reliable, high-quality service provision across the whole country. The response of our customers to these efforts has been extremely positive during the year and gives me great confidence in the strategy we are pursuing”.
Arqiva is working with BBC, ITV and Channel 4 to accelerate Freeview’s transition to a fully hybrid platform.
