BSkyB is expected to post a 205,000 net subscriber gain in its first quarter results, taking the number of customers for its digital satellite service to 6.3 million, according to Lehman Brothers.
Revenues Sky’s Q1 revenues are forecast to grow by 12% to £722 million. Advertising revenues are predicted to grow by 3.0% in the full year 2003, up from a 7.3% decline in Sky’s 2002 fiscal year; growth is then forecast to be 7.0% in 2004 and 8.0% in 2005.
Interactive revenues, which account for around 4% of Sky’s total, should rise by 33.4% to £122 million in 2003; by 2005, interactive will comprise 5.4% of total revenues, says the Lehman report.
Sky is expected to make no profit in the first quarter of its financial year. The results will be released on Friday 8 November.