Sky Sales Rise With 808,000 New Customers
Sky Plc sales rose more than analysts expected in the latest financial year as the pay-television provider fought off rising competition from BT Group Plc and others. The company, which counts Rupert Murdoch’s Twenty-First Century Fox Inc. as its largest shareholder, said revenue increased 7 percent to 12 billion pounds ($15.8 billion) in the 12 months through June 30. Analysts expected sales of 11.8 billion pounds, according to the average of estimates compiled by Bloomberg. CFO Andrew Griffith discusses business with Bloomberg's Anna Edwards and Manus Cranny on "Countdown."