BSkyB has recently announced an impressive 9% increase in profits, along with the formation of 550 brand-new jobs. The update in job spaces will mean that the company has created a total sum of 1,250 jobs in 2013 alone! The adjusted functioning income for the nine months to March 31st reached a remarkable £994 million. This was partially down to expansion in the number of products that customers are taking.
The telecoms giant revealed that its entire paid-for subscription product set had surmounted 30 million for the very first time. The company also gained 152,000 broadband customers throughout the past three months and a further 186,000 customers added Sky Talk services to their homes.
On Demand downloads have also seen an improvement with 4.5 million hits on average each week. In addition to this, BSkyB also said that both broadband and telephone products are operating particularly well.
Jeremy Darroch, chief executive at BSkyB, said “We have had a good third quarter and our multi-product strategy is delivering strong results. Increased take-up across out product set led to another improvement in financial performance with growth in revenues and profits accelerating in the third quarter.”
He added “In our television business, we continue to see rapid growth in our connected Sky TV services as customers take advantage of new ways to watch our content. The number of internet-connected Sky+HD boxes grew by almost 45,000 every week in the quarter, leading to a five-fold increase in On Demand downloads and 37% growth in movie rentals against last year.”
As for the job vacancies, the firm said that the new roles will be mainly located in Newcastle at its customer contact centre. Those who fill the spaces will be helping to support intensification in the company’s product base.