Jan 25, 2018

Sky signals the end of the satellite dish

Sky plans to offer all its channels and content available online, meaning customers will no longer need a satellite dish on their property. Italy will be its first market to get all Sky channels online, followed by Austria. Exploring growth opportunities should help increase both revenue and profits, Sky said. The number of customers leaving Sky - the "Churn" rate - fell from 11.6% at the end of 2016 to 11.2%. Sky said the fall was a result of more customers taking its latest Sky Q box and a "More disciplined and targeted approach to discounting". Since Fox made the bid it has agreed to be taken over by Disney, so the US media giant could end up owning Sky.

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