The Gross Margin from Retailing Premium Pay-TV Channels

Broadband market revenue for the ‘big 4’ remains in decline as recovering subscriber trends are countered by worsening ARPU.

While abating altnet pressure should eventually lead to recovery, in the short term we expect revenue growth to worsen as the seasonal effect of annual price rises bites in the June quarter.

The longer-term outlook for the altnet sector is increasingly in regulators’ hands as the CMA decides on nexfibre/Netomnia and Ofcom decides on Openreach’s new special offer discounts

On 4 June 2026, Enders Analysis co-hosted the annual Enders TMT Leaders Live, sponsored by AlixPartners, Adobe, Warner Bros. Discovery, and the Financial Times.

With 684 attendees and more than 50 speakers from the TMT sector, including leading executives and industry experts, the conference focused on how new technologies, regulation, and infrastructure will impact the future of the industry.

This is the edited transcript of Session Four, covering: YouTube's role in the UK creative industries; the future of sports broadcasting; and the production of House of the Dragon.
 

On 4 June 2026, Enders Analysis co-hosted the annual Enders TMT Leaders Live, sponsored by AlixPartners, Adobe, Warner Bros. Discovery, and the Financial Times.

With 684 attendees and more than 50 speakers from the TMT sector, including leading executives and industry experts, the conference focused on how new technologies, regulation, and infrastructure will impact the future of the industry.

This is the edited transcript of Session Three, covering: the major operators’ strategies; Openreach pricing; the Mobile Market Review and TAR; Satellite; and the potential Netomnia/nexfibre deal.