Related Articles
Top Stories
May 27 2012 11:21
There's a price war raging between South Africa's cellphone networks after Cell C lowered the rates of its prepaid calls by more than 34%.
May 28 2012 07:53
The City of Cape Town has spent R175m running the Myciti bus service since the Soccer World Cup compared to an income of R35m, a report says.
May 27 2012 13:09
The oversupply of golf estates has claimed another victim.
London - British pay-TV giant BSkyB on Friday announced a 75% surge in net profits to £128mn its first quarter as it added thousands of new customers.
BSkyB said profits after tax jumped 75% in the three months to September 30 compared with a net gain of £73 million pounds during the group's first quarter of 2008.
The satellite television provider said it gained 94 000 customers in the first quarter, who were attracted by offerings such as live English Premier League football as well as telephone and Internet services.
BSkyB, whose biggest shareholder is Rupert Murdoch's News Corp, added that its customer base now stood at more than 9.5 million.
During the first quarter meanwhile, group revenue jumped 10 percent to £1.38bn.
"In what continues to be a tough economic environment, we have increased the number of customers joining Sky," group chief executive Jeremy Darroch said in comments accompanying the results.
"As the (2009/10) year continues, we'll maintain a clear focus on our customers and on delivering on our priorities, all with the aim of building a larger, more profitable, and better business."
- AFP