KCOM unveils plans for innovative new TV service

By Hull Daily Mail | Posted: 7 Jun 2017

Kcom is gearing up to launch a new "next generation" TV service that will beam content directly into a user's device.

The Hull-based company had for a while been exploring the possibility of launching a TV service that uses a set top box, however the telecoms firm says it has now chosen to "overstep" this and push forward with new technology.

The new service will work via an internet hub, and while it will initially focus on TV, the idea is to eventually enable it to link numerous devices throughout the home, from smartphone enabled plugs and lighting to CCTV and house alarms.

Chief executive Bill Halbert said: "This is an exciting prospect; it is really quite innovative.

"We do already provide Freeview TV, and have done for a number of years, however this will be the next generation. When you think about how young people consume TV nowadays it is all internet based, so we believe this is a really exciting prospect."

The new service is scheduled to launch towards the end of the year. The plans was unveiled to The City yesterday as the company announced its preliminary full year results.

The results show revenue to March 31 was £331.3m – down from £349.2m in 2016.

Pre-tax profit was also down 19 per cent, to £38.5m (£47.9m in 2016).

However, strong uptake locally for the company's ultrafast fibre broadband saw consumer revenues in Hull and East Yorkshire climb to £56.1m – up from £54.7m the previous year.

Chief executive Bill Halbert said the results were "in line with expectations".

He said: "We have seen a decline in revenue, which we anticipated as a result of the continuing decline of legacy network contracts."However, our fibre deployment in Hull and East Yorkshire remains on schedule to reach 150,000 premises by December 2017, and we continue to see high levels of customer take-up."

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