Sky Broadband have released their 2009 Q2 results which shows that they are the fastest growing broadband and home phone service provider in the UK.
In the 3 months to the end of June Sky broadband added 118,000 new broadband customers to it’s service which has taken their total broadband subscriber base to 2.2 million.
Although there has been a decline in the number of new broadband subscribers in the last 2 quarters (Q1 2009 – 130,000 new broadband customers and Q4 2008 – 163,000 new broadband customers) this is probably hardly surprising for 2 reasons, the first being that the recession will mean many are unable to afford the extra cost involved and the second is that most in the UK who actually want broadband already have it.
Despite the new additions Sky’s broadband and telephony operating loss was £129 million for the year to the end of June 2009 but with more Sky broadband customers getting moved onto their own unbundled network Sky are hoping to make a profit on their telephony very soon despite a reduced loss in 2009/2010.
Sky have 16% of it’s customers now take up triple play services from Sky with broadband, telephone and TV which is a 5% increase from June 2008.
The full Sky press release of their figure can be viewed here