BSkyB profits slump in first quarter

SPACEMART

by Staff Writers
London (AFP) Nov 2, 2007
British satellite broadcaster BSkyB said Friday its first quarter profits tumbled by almost 30 percent, hit by its costly launch into the fiercely-competitive markets for broadband Internet and telephone services.

The pay TV giant said in a results statement that profits fell to 84 million pounds (121 million euros, 175 million dollars) in the three months to September, compared with 116 million pounds a year earlier.

Pre-tax profit dived 27 percent to 121 million pounds even as revenue climbed 11 percent to 1.185 billion pounds.

BSkyB now has 8.665 million subscribers for its pay-TV service.

"As expected, our financial performance reflected strong product sales, our investment in high quality programming and a full quarter of investment in Sky Broadband and Talk," said group chief executive James Murdoch, son of US media tycoon Rupert Murdoch.

"We expect that performance for the full year will be in line with our plans," he added.

Memory Foam Mattress Review

SPACE MEDIA NETWORK PROMOTIONS
Solar Energy Solutions
Tempur-Pedic Mattress Comparison ...

Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News

SPACEMART

PSP Investments And Loral Complete The Acquisition Of Telesat

Montreal, Canada (SPX) Nov 02, 2007
Canada's Public Sector Pension Investment Board (PSP Investments) announces the closing of the acquisition of Telesat Canada for CAD $3.25 billion combining substantially all of the assets of Loral Skynet Corporation ("Loral Skynet") to the new expanded Telesat Canada ("Telesat").

AEROSPACE NASA sorry over air safety uproar Airbus superjumbo makes first commercial flight Airbus superjumbo takes off on first commercial flight Solar Telescope Reaches 120,000 Feet On Jumbo-Jet-Sized Balloon	CAR TECH US military spurs robot car creations with big money race Automakers trying to turn gas-guzzlers green GM looks to China for cleaner cars Japan showcases cars that talk sense
MILITARY COMMUNICATIONS Most Complex Silicon Phased Array Chip In The World Lockheed Martin Completes Major Test Of First Advanced Military Communications Satellite Raytheon Teams With Industry Best To Pursue Army Satellite Communications Program Northrop Grumman Introduces New Geospatial Data Appliance For Defense And Intelligence Operations	MISSILE DEFENSE BMD Focus: Israel and Sky Guard -- Part 1 US speeding up anti-missile plans: Moscow US missile defense negotiations 'on course': Pentagon Northrop Grumman Demonstrates New Air And Missile Defense Technologies During US Army Patriot Exercise
FARM NEWS One third of Europe's freshwater fish face extinction: IUCN Tuna fishing quota violators targeted in report Drought slashes Australian wheat crop Nitrogen Fertilizers Deplete Soil Organic Carbon	DISASTER MANAGEMENT Hungry Mexico flood victims turn to looting Northrop Grumman Wins Two Contracts For AN/APN-241 Radar Program Triage Study Challenges Notions of Emergency Medical Response To Disaster California gets new 'Big One' reminder
TECH SPACE ESA Transmits First-Ever Telecommands To Chinese Satellite Revolution ahead in data storage, say IT wizards Dawn Checks Out As Outbound Cruise Progresses MIT Gel Changes Color On Demand	ROBO SPACE Can A Robot Find A Rock. Interview With David Wettergreen: Part IV Proton Rocket To Launch Glonass Satellites Friday QinetiQ Establishes Service And Support Centre For Talon Robots In Australia UCSD Researchers Give Computers Common Sense

The content herein, unless otherwise known to be public domain, are Copyright Space.TV Corporation. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space.TV Corp on any Web page published or hosted by Space.TV Corp. Privacy Statement