21st Century Fox increases bid for Sky in battle with Comcast

Sky is viewed as one of the media business’ most desired prizes for U.S. organizations hoping to grow their activities to Europe. Notwithstanding offering broadband and cell phone administrations, Sky is likewise a pioneer for pay-TV in Britain, and in addition other local markets including Germany and Italy.

“An unmistakable explanation of aim and underlines the key significance of owning Sky to the two organizations. The affection triangle takes another contort,” Paolo Pescatore, an autonomous telecom and media examiner, told through email on Wednesday.

“It is extremely unlikely that Disney, nor 21st Century Fox need to release Sky to Comcast. Along these lines expect another round of counter offers. The cost is heading one way. It’s an awesome time to be a Sky investor,” he included.

2 thoughts on “21st Century Fox increases bid for Sky in battle with Comcast

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