UK satellite broadcaster BSkyB has agreed to purchase Telefónica UK’s consumer broadband and fixed-line telephony assets for £180m ($270m), making it the second-largest provider in the UK broadband market.
UK-based media empire BSkyB created a multinational pay TV business on Friday with the £4.9bn acquisition of Sky Italia and a 57.4 per cent stake in Sky Deutschland. The move puts Sky in a leading position in the pay TV market in the UK, Italy and Germany.
On September 2, 2013, Vodafone and Verizon announced that they had reached an agreement for Vodafone to sell its 45 per cent stake in Verizon Wireless back to Verizon for $130bn. Ovum believes that the deal is good for both parties, but that the decision to return 65 per cent of the proceeds from the sale back to shareholders is short-sighted. It may make Vodafone CEO Vittorio Colao popular, but we don’t believe that he will have enough left to future proof the business.
Today’s news – that the BBC’s iPlayer, its market-shaping catch-up service, will now be available on TV to subscribers of Sky – is not without irony, given the steady stream of anti-BBC spin we’ve heard from the pay-TV operator (and its newspaper siblings) over the years. Neutral observers of the two UK media giants are more used to seeing them slug it out, like Waldorf and Stadtler, only without the affection.
UK broadcaster BSkyB has been told to offload the majority of its holding in rival ITV, on recommendation from the Competition Commission. John Hutton, secretary of state for business and enterprise, said Sky must reduce its stake in ITV from 17.9 per cent to less than 7.5 per cent, and must not sell the shares [...]
The ongoing spat between Virgin Media and BSkyB has prompted UK communications regulator, Ofcom, to launch a competition probe into the pay TV industry. Ofcom said Tuesday it has received requests from Virgin, BT, Setanta and Top Up TV, to investigate the pay TV market and to consider whether to make a market reference to [...]
UK broadcaster BSkyB launched a triple play bundle into the market on Tuesday, offering TV, phone and broadband for £26 per month, plus an extra £11 line rental. The launch of “See, Speak, Surf” will be backed by a major advertising campaign and is available to 70 per cent of UK households. The broadband is [...]
Broadcast giant BSkyB has expanded its mobile footprint with the announcement on Thursday that it has agreed to make its Sky Mobile TV service available to subscribers of the 3 UK network. 3′s customers will be able to receive up to 27 Sky Mobile TV channels including live news, sport, music, entertainment and documentaries. Subscribers [...]