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Cable Revenue Reaches £1 Billion Per Annum

Cable Revenue Reaches £1 Billion Per Annum

It was announced today that record numbers of households and businesses throughout Britain are signing up for cable TV and telephone services.

The Cable Communications Association claims that it is achieving revenues of £1 billion a year compared to BSkyB’s £950 million. More than half of the revenue (£540 million) comes from telephony compared to £360 million from TV.

Current figures show that over 2 million homes have one or both cable services with 61,000 households a month switching from BT to cable telephones. This exceeds the original forecast of 50,000. It is expected that the amount of residential phone lines, currently 1.5 million, will grow to 2 million by the end of the year. Forecasts also claim that more than 10 million homes and 250 000 businesses will be able to receive cable by the end of 1997.

Summary of Statistics:

Increase in 3 mths (000’s) % Increase in 12 mths (000’s) % Last 12 mths – increase per mth (000’s) Last 3 mths – increase per mth (000’s)
Broadband homes passed 540 9 2088 46 174 180
CATV homes connected 96 7 460 48 38 32
Residential lines connected 183 14 680 86 57 61
Business lines connected 19 15 68 82 5.7 6.4

Many Cable franchises also report that more income is acquired from their telephone services in contrast to that received from TV, with many areas claiming up to 40% of eligible customers have signed up.

The Cable Communications Association: 0171 222 2900

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