BSkyB Profit Beats Estimates on Broadband Connections

British Sky Broadcasting Group Plc reported an increase in fiscal first-quarter operating profit that beat analyst estimates as the U.K.’s biggest pay-television provider won customers for high-speed Web access.

Earnings before interest, taxes and other items rose 5.1 percent to 310 million pounds ($500 million) in the three months ended Sept. 30, the company said in a statement today. Analysts in a Bloomberg survey had estimated 300 million pounds. The stock rose as much as 5.8 percent in London trading, the most in more than a year.