British Sky Broadcasting recently announced plans to buy the UK broadband and fixed line businesses owned by Spain's Telefonica, O2 and BE Broadband.
The purchase will see Sky gain half a million customers and further extend the reach of its broadband and home phone services. Sky is set to pay an initial £180m to Telefonica, followed by a further £20m when the current customers switch over to Sky contracts.
Sky currently has 4.2 million broadband customers and the addition of the Telefonica services would see it become the second largest UK broadband provider, leapfrogging Virgin Media. The deal is currently pending the go-ahead from regulators, but if the green light is given it should be completed this April.
The switch over is expected to be quick for current O2 and BE Broadband customers, though businesses using the service may want to check with VPW, the Exeter IT and computer support company to ensure there are no complications and see if they could benefit from one of the increasing range of Business Broadband services on offer. From Fibre Broadband to Bonded Broadband, VPW can help give your business better speeds and reliability.
Give us a call on 01392 950 950 and see what we can do for you.
Image Credit: DeclanTM (flickr.com)
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