Sky Italia tops five million

News Corp-backed pay TV platform Sky Italia has exceeded the five million subscriber mark and said that it expects the customer growth to continue.

CEO Andrea Zappia, who replaced Tom Mockridge in August, said: “In a challenging market, I feel confident that we can continue to grow by continuing to invest in creativity and innovation.

The pay TV company registered operating income of US$145 million (€108 million) in the most recent quarter to end-June when it reported lower programming costs, but greater expense related to the roll out of premium services. When reporting those fiscal fourth-quarter results, the operator had 4.97 million subs.

Most Recent