Friday 1 March 2013

Sky buys O2 and BE home broadband!

   It's been announced this morning that Sky will be buying the home phone and broadband services which Telefonica currently operates in the UK!

   The deals allows Sky to instantly add another half a million customers onto 4.2 million existing customers, something which will make Sky the second largest broadband provider in the country, second only to BT. 

   The deal will cost Sky an initial £180m, then there are options for up to another £20 million which is dependent on how well the switch to Sky is handled by Telefonica! Telefonica for their part have said that the deal will free up some time for them to concentrate on their mobile provisions and more specifically 4G, indeed some of this money could go towards building out that network. 

   Sky's Chief Exec, Jeremy Darroch, said:
“Sky has been the UK’s fastest-growing broadband and telephony provider since we entered the market six years ago. From a standing start in 2006, we have added more than 4.2 million broadband customers. The acquisition of Telefónica UK’s consumer broadband and fixed-line telephony business will help us accelerate this growth."
   So O2 and BE customers are you happy about this or indifferent? Let us know in the comments below!
Via Twitter and BBC.


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