Friday, 18 August 2017

BSkyB buys O2 UK's fixed broadband business for £180m

By Nick Wood, Total Telecom
Friday 01 March 13

Deal propels Sky into number two spot in U.K. broadband market; BT says it eyed O2 but decided to walk away.

BSkyB on Friday agreed to acquire O2 UK's fixed broadband business for £180 million. The deal propels Sky up the rankings in the U.K. consumer broadband market, taking second place from Virgin Media to become the country's second-largest ISP after incumbent BT. The acquisition will see O2 and Be's 500,000-strong broadband and fixed telephony customers transferred to Sky Broadband upon closing, which is expected by the end of April. In addition to the initial payment of £180 million, Sky said it will pay up to &pound…

BSkyB on Friday agreed to acquire O2 UK's fixed broadband business for £180 million. The deal propels Sky up the rankings in the U.K. consumer broadband market, taking second place from Virgin Media to become the country's second-largest ISP after incumbent BT. The acquisition will see O2 and Be's 500,000-strong broadband and fixed telephony customers transferred to Sky Broadband upon closing, which is expected by the end of April. In addition to the initial payment of £180 million, Sky said it will pay up to &pound…

Please login or register to view this content

Please enable JavaScript to view the comments powered by Disqus.

Newsletter signup

Quickly get on board and up to date with the telecoms industry