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Sky to invest in new VM network?
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Old 02-09-2019, 09:00   #1
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Sky to invest in new VM network?

Quote:
Sky is in talks over a potential investment in a new full fibre network to be built by Liberty Global that would substantially raise pressure on BT in the UK broadband market.

The discussions between Liberty Global and Sky over the new network are at an early stage, the people said. Sky is in separate talks over a wholesale deal to use Virgin Media’s existing cable network which covers half the country.
https://www.ft.com/content/57de3ad6-...4-3669401ba76f
Full article: Subscribe or Google "Sky in talks to invest in Liberty Global fibre network"
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Old 02-09-2019, 09:57   #2
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Re: Sky to invest in new VM network?

A bit more flesh on the story.

Sky in talks to sell Liberty Fibre service

https://www.thinkbroadband.com/news/...-fibre-service
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Old 02-09-2019, 17:13   #3
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Re: Sky to invest in new VM network?

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Originally Posted by Horizon View Post
VM may open up their network, if, as I expect, Liberty eventually sell off VM to Vodafone, Comcast or whoever.

But as said, the story comes around every few years and nothing comes of it. Having their own network gives VM a major advantage over Sky and other competitors and I doubt they will relinquish that advantage any time soon.
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Originally Posted by Horizon View Post
Malone is getting old and wants to sell. LG is too small on its own now, so either Malone links all his various assets up, or he sells.

I see the cable cos sold off by LG to Vodafone (which gets cleared soon by the European Commission) as the warm up act to come.

Why not?

Comcast is a cable company, by nature.
I predicted back in April that Sky and VM would get into bed with each other in some way and it looks like it's happening. Perhaps this move is a stepping stone to Comcast taking full control of VM and eventually offloading its satellite business, minus its 10 million customers which it will try and migrate over to cable/FTTP.
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Old 02-09-2019, 17:19   #4
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Re: Sky to invest in new VM network?

There is no chance of Comcast taking control of VM in a month of Sundays.
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Old 02-09-2019, 20:24   #5
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Re: Sky to invest in new VM network?

Comcast wouldn't be allowed to buy Virgin Media it would be a breach of competition rules. if they did they would be forced to sell Sky the same way BT was forced to sell their cable system back in the 90s when they took shares in Sky.

Last edited by punkrock101; 02-09-2019 at 22:01.
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Old 02-09-2019, 20:27   #6
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Re: Sky to invest in new VM network?

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Originally Posted by punkrock101 View Post
Comcast wouldn't be allowed to buy Virgin Media it would a breach of competition rules. if they did they would be forced to sell Sky the same way BT was forced to sell their cable system back in the 90s when they took shares in Sky.
That was exactly what my thought process was about it.
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