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Strong broadband sales helped Sky record profits of £327 million during the third quarter of 2011, it has been reported.

The satellite TV and home phone provider saw a surge of existing customers bundle in Sky broadband services between July and September 2011.

This helped compensate for a slowdown in new customers joining the firm during Q3.

Average revenue per user rose £25 from a year ago to £535 a year, Sky revealed, as profits increased by 32 per cent during the three-month period.

Jeremy Darroch, Chief Executive of Sky, said that in tough market conditions, the move to more "broadly based growth and multiple products" is serving the firm well.

Sky was set to be bought out by Rupert Murdoch's News Corporation – the firm's largest shareholder – until the phone hacking scandal this summer.

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