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Former Staff
Posts: 11,575
Registered: ‎13-08-2012

Re: sale to Sky

[ Edited ]

Hi guys,

Great to see discussion going on about this.

There is an official thread via the link below and as I get more info, I shall update there.

http://community.o2.co.uk/t5/Welcome-News/News-about-O2-s-Home-Broadband-and-Home-Phone-Service/m-p/...

Cheers, Toby

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Anonymous
Posts: 0

Re: sale to Sky

 Hi  All

          I have had Seven happy years with o2. I have a o2 mobile and broadband and have had excellent service from o2.  I too will be seriously considering a move to  another provider.

           One question I would like answering is why o2 is selling out to Sky.

Anonymous
Posts: 0

Re: sale to Sky

BT or plusnet for me! I'm appalled at the very thought of joining Sky, their customer service is awful and you pay through the nose for anything to do with them.
If I would have wanted sky I would have joined them before.
Anonymous
Posts: 0

Re: sale to Sky


@Anonymous wrote:

 Hi  All

          I have had Seven happy years with o2. I have a o2 mobile and broadband and have had excellent service from o2.  I too will be seriously considering a move to  another provider.

           One question I would like answering is why o2 is selling out to Sky.


Hi

 

As O2 stated in their press release, its becuase they are focusing their money on improving their mobile services.  It seems they came to a crossroads with broadband where they had to decide whether to spend money moving into Fibre, or sell off.

 

As mobile customers completely dwarf the home phone/bb customers it's an obvious choice where they're going to invest in.

 

As for why they chose sky?  Who knows.  Maybe sky were the only bidder in town, maybe they were the largest bidder.  Truth is I doub't we'll ever know.

Level 44: Clearly Talented
Posts: 5,942
Registered: ‎18-09-2012

Re: sale to Sky

£200million buy out apparently.

450,000 customers. Not a bad price at allSmiley Very Happy
Nothing sucks more than that moment during an argument when you realize you’re wrong. So Ive been told Smiley Wink
Anonymous
Posts: 0

Re: sale to Sky

Murdoch owns News Corp. which has a controlling interest of 39% in Sky, UK. I think my facts are correct!

Anonymous
Posts: 0

Re: sale to Sky

I'm waiting to see what happens. Broadband either works or it doesnt, so it's the customer service that makes the difference. My experience with Sky customer service has been terrible. Fibre is coming to my area in March so it looks like it's time to go.
Very dissapointed.

Anonymous
Posts: 0

Re: sale to Sky

I agree bigal. Even if Murdoch doesn't "own" Sky, his companies get a big slice of income from it. They get more from Sky than their newspapers. I'm going .... and they'll have to chase me to get any money for the remainder of the contract. They have significantly changed the service (see email storage allowance) and it is now a service not fit for my purposes. It would be an interesting fight in a court.

Anonymous
Posts: 0

Re: sale to Sky


@Anonymous wrote:

Murdoch owns News Corp. which has a controlling interest of 39% in Sky, UK. I think my facts are correct!


They don't have controlling interest anymore plus you need to have at least 51% to be controlling

Level 44: Clearly Talented
Posts: 5,942
Registered: ‎18-09-2012

Re: sale to Sky

If there's multiple investors you only need the majority amount mate. 51% would be controlling if there are only two investors.

Sky presumably has more than two and 39% could quite easily be the controlling share if it were 3 or more shareholders.
Nothing sucks more than that moment during an argument when you realize you’re wrong. So Ive been told Smiley Wink