Monday, 17 Octorber 2011

Ahead of its quarterly results announcement on Wednesday, analysts are forecasting a sharp slowdown in the rate of growth of BSkyB’s subscriber base.

The UK pay TV broadcaster will record 15,000 new pay TV customers in the quarter compared with 96,000 in the corresponding period a year earlier, according to Nomura Securities.

Turnover is forecast to be £1.1 billion (€1.25 billion), a slight year-on-year increase, and pre-tax profit up 20% at £281 million. Sky HD and broadband subs will also suffer declines in growth, Nomura said.