Saturday, 22 July 2017

Sky full-year revenue grows 7%

By Nick Wood, Total Telecom
Thursday 28 July 16

But uptick in U.K. and Ireland churn, plus slower broadband net adds could be a cause for concern.

Sky on Thursday reported healthy top line growth across its European footprint in fiscal 2016, but rising churn in its biggest market could be a cause for concern going forward. The U.K.-based triple-play provider saw group revenue grow 7% to £11.97 billion (€14.19 billion) on a constant currency basis in the 12 months to 30 June…

Sky on Thursday reported healthy top line growth across its European footprint in fiscal 2016, but rising churn in its biggest market could be a cause for concern going forward. The U.K.-based triple-play provider saw group revenue grow 7% to £11.97 billion (€14.19 billion) on a constant currency basis in the 12 months to 30 June…

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