Fibre, TV star for BT in Q1 201
DetailsEditor | 30 July 2015
Despite an overall flat trend for revenue across the group in the three-month period, BT has scored in Q1 2015 with TV services and its IPTV-supporting fibre business.
For the quarter ended 30 June 2015, the BT Consumer division grew broadband and TV revenue 7%. During this time the telco added 60,000 BT TV customers, taking its TV customer base to 1.2 million, its best performance since launching BT Sport. This, claimed BT, reflected improvements made to its BT TV offering which in the quarter saw the introduction of an AMC channel, available exclusively to customers from August. The multi-year agreement will mark the debut of its UK channel, which will launch with the exclusive UK television premiere of the dramas. BT also announced a partnership with HBO Home Entertainment, offering customers the chance to download-to-own programmes.
Yet the big kicker for TV comes in the form of the new BT Sport portfolio which will include UEFA Champions League and UEFA Europa League football as well as an option for the first 4K/Ultra HD live sports channel in the UK.
Commenting on the results, chief executive Gavin Patterson said it was an exciting time at BT. "We're launching BT Sport Europe in the next few days, the new home of UEFA Champions League football, which is free for our BT TV customers. We are also leading the way on Ultra HD TV. Our BT Sport Ultra HD channel will be the first live sports channel in Europe offering picture quality four times that of normal high definition. And we are engaging with Ofcom as part of its Strategic Review of Digital Communications which offers scope for deregulation and the potential to create a more level playing field in pay-TV. The investments we are making in our business and customer service are building a strong platform for growth. And our financial results show we're on track to achieve our outlook for the full year."