- The enemy of my enemy is my friend : Vodafone (VOD) and BSkyB (BSYBF) have reportedly held talks about how to compete with BT's (BT) increasing reach in the British broadband market, the U.K.'s Sunday Times reports.
- Vodafone (VOD) and Sky are considering deals involving the latter's sports and film channels and on co-operating on a high-speed broadband service.
- However, the two are unlikely to construct a nationwide fiber network, as such a project would cost several billion pounds.
- The talks come after a resurgent BT gained on its rivals by investing over £3B in a high-speed fiber-optic network and another £2B in sports broadcast rights.
at CNBC.com (Nov 19, 2014)