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Friday, October 30, 1998 Published at 11:52 GMT Business: The Company File Digital TV takes off ![]() In the space of a month, more than 100,000 UK homes have signed up to digital television packages provided by BSkyB, and subscriptions are rolling in so fast that the company is creating 1,700 more jobs to cope with the demand. BSkyB wants to recruit 1,200 workers for its subscriber management centre in Scotland, and will take on an additional 500 digital installation staff.
Market watchers had expected BSkyB to sell 40,000 to 70,000 digital satellite dishes. BSkyB is already running a service for analogue satellite television, with more than 6.8m subscribers. Digital is winning BSkyB new audiences as 30% of subscribers to Sky Digital are new customers. Despite the success of Sky Digital, BSkyB's pre-tax profits in the first quarter of its financial year were down £10m to £52m, at the top end of analysts' forecasts. The profit slump reflects higher programming costs and the price of launching digital services. The figures provide a welcome relief for the company, which had its bid to buy Manchester United Football Club referred to the Monopolies and Mergers commission this week. |
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