Quote:
Originally Posted by Doug P
ten per cent is as would be expected. It does not show any worry in the markets about Sky....
BT are a shoe-in to lose this battle I think. If they refuse to keep the channels in XL after three years they won't get very far with VM customers as far as I can see....
---------- Post added at 12:17 ---------- Previous post was at 12:15 ----------
Share price high for the year is 865p and the low was 830p.
Currently 840p. Not much to worry about for Sky there methinks.
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You seem very convinced about Sky winning out, Doug, which I understand, because they have previously bullied their way into the areas they want to dominate.
However, I really do think they have met their match this time. And I don't believe that Sky and the markets are unperturbed about recent developments with BT as you suggest.
I hope that Sky raise their game now and start focusing more on their customers, giving them more of what they want. A lot of people actually detest Sky for various reasons, but it would be good if they could plot out a new direction and put their past unwanted practices behind them. This might well change attitudes in the medium term.
Sky need to revise their business plan as a matter of urgency if they don't already have an imaginative pathway in place to keep moving forward. Sky have beaten the odds before, and I do hope that they will do so again, but in a nice way this time.
Sky have done a lot for British television and I for one appreciate that. If they can drive forward a more customer friendly company that can behave in a more appropriate way with their competitors, that can only be a good thing in helping people to change their minds about the company.