Quote:
Originally Posted by Chad
BT Retail CEO Gavin Patterson said “Our strategy is not dependent on wholesale. It’s not completely within our control – it’s whether or not we can find the right valuation between us and others. We couldn’t rely on it in that respect, so we’ve built a strategy, we’ve built a business plan that doesn’t necessarily depend on us wholesaling this.”
I don't think BT really care about the success of the channels, they want to use the channels as a tool to grow their own phone, broadband and TV base.
This could have major ramifications across all of pay TV for sports fans. I'm amazed they have zero plans to launch on Freeview.
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Be interesting to see what Gavin says in a few months. They need a hell of a lot of customers to move from Sky and VM to cover the cost of setting up their sports offering. The investment community have given todays announcement a massive thumbs down which has led to a reduction of £6.60 off their share price.
The view is that this is aimed at getting Sky BB customers onto infinity and that the impact on VM will be minimal.