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BSkyB: Subdued sub growth expected

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On July 26th BSkyB will unveil its latest numbers, but the market is not expecting much. Investment banker Morgan Stanley anticipates that subscriber growth will again be “subdued”, and echoes what is now a consensus in saying that sports rights inflation will impact BSkyB’s cost of programming, and thus its bottom line.  Nevertheless, most observers see BSkyB adding around £100 [...]

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