Telewest losses widen despite leap in sales to pounds 55m
Tuesday 15 August 1995
Sales climbed to pounds 55.4m from pounds 31.2m last time, and the total network is about 46 per cent-built. Telewest said its subscriber base for cable television had grown 52 per cent year-on-year to June 1995, but this was outstripped by much faster growth in the number of telephony customers. Residential telephony subscriptions were up 140 per cent to nearly 177,000, while business custom lines expanded by 105 per cent to more than 21,000.
Much of the growth in penetration rates for cable has been fuelled by the industry's ability to undercut BT for the provision of basic residential and business phone service. But BT has begun to fight back, and the cable industry has shifted focus to cable programming as a big selling point. "The better operators will be able to benefit from new programming coming on stream in the autumn," one analyst said.
One of the UK's leading cable and satellite programmer suppliers, Flextech, is to bring the Playboy Channel to British pay-TV viewers in October.
Flextech, announcing interim figures yesterday, is expecting to expand further in the creation and development of specialist programming for the UK pay-TV industry. The company reported a loss of pounds 7.9m in the first six months, down from pounds 9.6m a year earlier. Turnover nearly doubled to pounds 15.3m on higher advertising revenues and fees from subscriptions.
- 1 Katie Hopkins attacked me on Twitter — so I reported her to the police for inciting racial hatred
- 2 Google April Fools': company unveils backwards search engine and huggable digital assistant
- 3 I might be an MP, but that doesn't stop me fighting sexism with my breasts
- 4 April Fools' Day 2015: The best hoax news stories from around the internet
- 5 Gamers confess the worst things they've done in The Sims
Holborn fire: Chaos as 2,000 people evacuated to escape toxic smoke filling central London
University of Cambridge: Remains of 1,300 scholars are found under building
April Fools' Day 2015: The best hoax news stories from around the internet
April Fools' Day 2015 live: The best pranks and fake stories from around the world
Jeremy Clarkson 'could be given minder' ahead of a potential Top Gear return
Street preacher quoting from the Bible fined for calling homosexuality an 'abomination'
Katie Hopkins attacked me on Twitter — so I reported her to the police for inciting racial hatred
Woman filmed launching racist tirade against men on the Tube for speaking in 'own lingo'
David Cameron calls Labour 'hopeless, sneering socialists' while announcing 7-day NHS plans
Revealed: Putin's army of pro-Kremlin bloggers
Katie Hopkins reported to the police for race hatred by Labour MP Simon Danczuk after tweet about Pakistani men
iJobs Money & Business
£20000 per annum + commission: SThree: Sthree have an exciting opportunity for...
£18000 - £32000 per annum: Recruitment Genius: A Telesales Executive is requir...
£45000 - £50000 per annum + benefits : Ashdown Group: A highly successful, glo...
£50,000 - £55,000: Neil Pavier: Are you a professionally qualified commercial ...