BSkyB Confirms Easynet Acquisition
Posted: 21st Oct, 2005 By: MarkJ
Satellite TV operator BSkyB has confirmed its acquisition of telecoms and ISP operator Easynet for £211m. BSkyB said it will pay £1.75 in cash for each Easynet share (a 38% premium to yesterdays closing price):
The deal means BSkyB will be able to offer customers 'triple-play' services such as broadband, television and telephony.
The broadcaster will soon be pitching itself against its cable rivals NTL and Telewest, who have agreed to merge, as well as BT Group.
It's now just a matter of waiting to see exactly how Sky will develop its future product and services around the new purchase. More @ BBC News Online.
The deal means BSkyB will be able to offer customers 'triple-play' services such as broadband, television and telephony.
The broadcaster will soon be pitching itself against its cable rivals NTL and Telewest, who have agreed to merge, as well as BT Group.
It's now just a matter of waiting to see exactly how Sky will develop its future product and services around the new purchase. More @ BBC News Online.
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