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Sky toasts ‘exceptional’ financial results as bidding war intensifies

on Jul 26, 2018 | 0 comments

By John Glenday

Sky has toasted the twilight of its independence after posting a 5% increase in like-for-like revenues to £13.6bn to cap what it describes as an ‘exceptional year’.

Growth has been driven by strong customer demand for its Sky Q television service which has now been installed in 3.6m homes, an increase of 2.3m year-on-year. Double digit customer growth in the fourth quarter of 39% means Sky now has a presence in 23m European households which between them utilise 63m products, itself an 81% rise.

In recent months Sky has instigated a series of content partnerships with the likes of <a target=_blank Read full story ›

Source: The Drum