Wednesday , 22 May 2019
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Comcasting a shadow over EU telecoms

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The auction for Sky had media types burning the midnight oil over the weekend. Now the dust has settled it is worth considering that the deal also has serious implications for the telecoms sector given Sky’s position as the second largest broadband company in the UK. 

If Disney had prevailed then the presumption was that Sky’s 6m broadband customers would have to find a new home as the prospect of a ‘House of Mouse ISP’ seemed far fetched. Yet Comcast is America’s biggest broadband company and is widely expected to ramp up the telecoms side of the company it is in the process of swallowing for £37bn. 

At the very least we can expect to see Sky branch out into business telephony given Comcast’s prowess in the US in that market. It could also look to go harder on mobile with Sky’s foray thus far relatively underwhelming.

Yet others think Comcast may ultimately have bigger plans and could look for options to expand the telecoms business into Sky’s other markets, notably Germany. 

Don’t hang up the phone on this saga. 

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