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Sky Italia customer base flat at 4.7 mln, cuts churn to 9.6%

Wednesday 29 July 2015 | 08:35 CET | News
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Italian pay-TV provider Sky Italia, acquired by Sky from 21st Century Fox in November, reported flat revenues and customer numbers in its fiscal fourth quarter to the end of June, in what it described as a competitive, recession-hit market. The company's customer base remained unchanged compared to last year at 4.73 million but fell by around 21,000 on a quarterly basis, while revenues dipped to GBP 2.09 million from GBP 2.14 million in 2014. However, Sky Italia continued to improve its churn to 9.6 percent compared to 10.3 percent a year earlier, and operating profit was up 56 percent at GBP

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Categories: Broadcast & Satellite
Companies: Sky / Sky Italia
Countries: Italy
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