Tech
Sky in "advanced talks" to acquire Easynet
Published Monday, Oct 17 2005, 19:59 BST | By Neil Wilkes
BSkyB is close to clinching a deal to acquire telecoms provider Easynet, according to reports.
The company is expected to announce the takeover, worth around £150 million, later this week.
Acquiring Easynet would allow Sky to take on the cable operators by launching a "triple play" offering of pay TV, broadband and telephone services. The move would also provide the necessary medium to offer up new video-on-demand services.
Shares in Easynet rose 22% to 117.5p by close of play on Monday.
The company is expected to announce the takeover, worth around £150 million, later this week.
Acquiring Easynet would allow Sky to take on the cable operators by launching a "triple play" offering of pay TV, broadband and telephone services. The move would also provide the necessary medium to offer up new video-on-demand services.
Shares in Easynet rose 22% to 117.5p by close of play on Monday.
More: Tech, Satellite TV
Apple News
Apple's tablet market share declinesThe iPad's share of the tablet market shrinks by 7% as Kindle Fire gains ground.
Android News
Android 5.0 'Jelly Bean' launch rumouredGoogle rumoured to be fast tracking new OS in response to Windows 8 launch.
Satellite TV News
Sky Sports F1 to launch on March 9Broadcaster readies major ad campaign for its first ever channel dedicated to one sport.
Cable News
Virgin Media to sponsor Eurogamer ExpoThe cable operator to power the expo with its broadband network.
Freeview News
BBC to broadcast London 2012 live in 3DLive coverage is coming of opening and closing ceremonies, Men's 100-meter final.
Video on Demand
Netflix pays out $9m in privacy suitNetflix pays out $9m in compliance with the Video Protection Privacy Act.
