Broadcast News

Bookmark and Share
04/03/2013

Sky Acquires Telefónica UK's Broadband Business

British Sky Broadcasting Group plc (Sky) has announced that it has reached an agreement with Telefónica UK for the proposed acquisition of its O2 and BE consumer broadband and fixed-line telephony business.
The transaction will make Sky the second-largest provider in the UK broadband market, building on its existing position as the UK's fastest-growing broadband and telephony business.
Telefónica UK's consumer broadband and fixed-line telephony customers, of which there are currently over half a million, will become Sky customers for those services on completion. By creating the UK's second-largest home broadband provider, the acquisition will deliver further advantages of scale for Sky’s home communications business.
Under the terms of the agreement, Sky will pay a consideration of £180 million to Telefónica UK for the consumer broadband, home phone and line rental customers served by the O2 and BE brands. An extra contingent amount, not exceeding £20 million, may be payable dependent upon the successful delivery and completion of the customer migration process by Telefónica UK. Post completion, O2 and BE customers will be migrated onto Sky’s fully unbundled network, supported by a nationwide all-fibre core, which reaches 84% of all UK homes.
Following sustained growth in demand for broadband and home telephony since it entered the home communications market six years ago, Sky has built a business with 4.2 million broadband customers and 4 million telephony customers (as at 31 December 2012). In that time, Sky has established itself as the UK’s most popular triple-play provider with 3.6 million triple-play customers, one third of its base. This transaction will help Sky meet the growing demand from customers to take multiple products.
www.sky.com
Solidmate Ltd Memory Card Hire London

Top Related Stories
Click here for the latest broadcast news stories.

21/04/2023
Sky Mobile Sponsors Britains Got Talent
Sky Mobile is the new headline sponsor of one of the country's biggest and best loved TV programmes, Britain's Got Talent. The iconic show returns for
21/02/2023
Sky Up Academy Studios Visits Wales
Sky Up Academy Studios On Tour visited Wales as part of its journey across the UK and Ireland. Sky’s touring e-vehicle creative studio includes a pop-
09/02/2024
Sky Brings Together Sky Content And Sky Studios
Sky has announced that all of its non-sports content teams in the UK & Ireland, will come together under one leadership structure, led by Cécile Frot-
11/11/2019
Sky And BBC Agree New Partnership
Broadcasters Sky and the BBC have agreed a new partnership that will see the companies collaborate across content and technology. The BBC iPlayer app
19/03/2020
Production News : Sky Partners With NBCUniversal
Sky has confirmed the steps it is taking to help give customers the best possible service in these challenging times. Stephen van Rooyen, EVP & CEO, S
08/06/2010
UK Film Industry Substantial, Report Says
The UK film industry contributes a total of over £4.5 billion a year to UK GDP and more than £1.2 billion to the Exchequer, according to an independen
15/01/2007
2006 Marks Second Best Year For Film Funding
The UK Film Council has revealed the amount of money spent in 2006 on making films in the UK soared by 48% to reach £840 million making it the second
17/08/2011
Major Broadband Roll-Out In England And Scotland
Just over £363 million in Government investment is set to take broadband to all homes and businesses in England and Scotland, Secretary of State for C
16/08/2011
Guarded Ulster Welcome For 'Broader Internet Access'
The Stormont Enterprise Minister Arlene Foster has welcomed additional money to help get NI firmly on the Internet highway - but has also said that it
18/02/2010
Sky Movies Showcase HD Channel
Sky Movies have now announced a number of changes to its channel line-up in a bid to make it easier for viewers to find the movies they want to watch
07/12/2006
Sky And Google Unveil Broadband Alliance
BSky and Google have announced plans to collaborate on web-based services to Sky's community of broadband internet customers. The collaboration will i
22/03/2024
Sky Announces New Initiative
Sky has announced a new initiative aimed at supporting diverse-owned and diverse-led independent production companies in developing programmes for its
31/10/2005
Sky team up with Vodafone to offer mobile 3G TV
British Sky Broadcasting (Sky) and Vodafone UK have announced an agreement to launch a mobile TV service in the UK. From Tuesday, the new service call
24/04/2002
BSkyB announce lastminute.com partnership
British Sky Broadcasting have announced a partnership with online provider of travel and leisure solutions lastminute.com to sell key products through
27/01/2005
UK film production spending totals £800 million in 2004
Film production spending in the UK totalled more than £800 million last year, with 'Harry Potter and the Goblet of Fire' and 'Pride and Prejudice' hel