U.K. satellite television operator British Sky Broadcasting said Friday that its net profit for the three months ended Sept. 30 fell 28% to 84 million pounds ($174 million), while revenue for the period rose 11% to 1.19 billion pounds.
BSkyB said operating profit fell to 143 million pounds from 180 million pounds, noting it invested over 50 million pounds in its broadband service during the quarter.
Net customers rose 83,000 to 8.67 million in the quarter. Broadband subscribers rose 31% to 939,000 and subsequently passed the 1 million customers mark in October. Customers for its high definition service rose 23% to 358,000. The company added it expects that performance for the year will be in line with its plans.