Sky considering €2.5bn bid for Digital+

Sky is considering making a bid of more than €2.5bn (£2bn) for Spanish satellite pay TV firm Digital+.

Spanish media giant Grupo Prisa is expected to sell the service, part of its TV division Sogecable, later this year, with an auction likely to begin in September.

Sky could face competition from European companies including Vivendi, Telefónica, and Orange, according to the Financial Times.

No firm decision has been made but Sky chairman James Murdoch, in his other role as News Corp head in Europe and Asia, is working on building assets in the regions.