Less than three months after launching its digital TV service, Australian pay TV operator Foxtel claims more than a quarter of a million digital subscribers, though the company did not say how many were new customers and how many were conversions from its existing analogue DTV base.
Speaking at an Australia-Israel Chamber of Commerce luncheon, chief executive Kim Williams said Foxtel was on track to reach profitability in 2006, by which time all of its existing analogue subscribers should have been converted to digital. He forecast that 35% of Australian television homes would have digital by 2008.
Williams declined to comment on reports that only 63,000 digital subscribers - about a quarter of the total - were newcomers. Australian newspapers The Age and the Australian Financial Review also said that only 140,000 of the 250,000 have yet had digital reception equipment installed in their homes - a problem for which Williams blamed difficulties with technical contractors.
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