0
Broadband

Comcast, Fox agree to auction in Sky bidding war

Thursday 20 September 2018 | 14:33 CET | News
The UK Takeover Panel has declared that Comcast and Fox will need to compete in an auction to determine which company wins the bidding for pay-TV provider Sky. As neither has been able to complete its bid, they will enter a one-day auction of a maximum three rounds on 22 September. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Broadcast & Satellite / Internet
Companies: 21st Century Fox / Comcast / Disney / Sky
Countries: Europe / United Kingdom
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

NOW TV announces launch of new Smart Box, Netflix app

Published 27 Sep 2018 10:37 CET | United Kingdom
Sky announced that the Netflix app is now available on NOW TV streaming devices in the UK. It is also launching the new ...

21st Century Fox agrees to sell Sky stake to Comcast for GBP 11.6 billion

Published 26 Sep 2018 16:43 CET | United Kingdom
21st Century Fox has agreed to sell its 39 percent stake in European pay-TV provider to Comcast, after losing out in the auction ...

Comcast acquires more than 30 percent of Sky shares after auction win

Published 25 Sep 2018 20:44 CET | United Kingdom
Comcast has acquired more than 30 percent of Sky's shares after winning the auction to acquire the pay-TV company over 21st ...

Last week in telecoms: portfolio management and Comcast wins the Sky auction

Published 24 Sep 2018 07:00 CET | Europe
Most European telecoms stocks moved within a relatively narrow range in week 38. Stock performances varied between a loss of 4 ...

Comcast wins bidding for Sky with offer of GBP 30.6 bln

Published 23 Sep 2018 10:26 CET | Europe | Update: 24 Sep 2018 09:18 CET
US cable operator Comcast has won the bidding to acquire European pay-TV provider Sky in the auction with rival 21st Century Fox ...

Takeover battle for Sky could end in sealed auction

Published 13 Sep 2018 10:25 CET | United Kingdom
The takeover battle for pay-TV group Sky could go to a sealed bids auction if 21st Century Fox and Comcast fail to submit their ...

Activist Sky shareholder Elliott believes Sky price should be higher, at GBP 15.01 per share

Published 30 Aug 2018 13:22 CET | United Kingdom
The UK Takeover Panel, which recently set a minimum bid price of GBP 14 per share for Sky should Disney be forced to buy the UK ...

Comcast extends Sky takeover offer after low take-up

Published 23 Aug 2018 13:08 CET | Europe
Comcast has extended its takeover offer for European pay-TV provider Sky after receiving acceptances for only 0.21 percent of ...

UK Takeover Panel sets minimum Disney bid for Sky at GBP 14 per share

Published 16 Aug 2018 10:36 CET | United Kingdom
The UK Takeover Panel has set a minimum bid price of GBP 14 per share for Sky if Disney is forced to buy the UK pay-TV provider. ...

21st Century Fox publishes offer document for Sky

Published 08 Aug 2018 11:08 CET | United Kingdom
21st Century Fox has posted an offer document for their previously-announced cash offer for Sky, along with a form of acceptance ...

Sky FY revenues up 5%, adds over half million new customers

Published 26 Jul 2018 09:16 CET | Europe
European pay-TV operator Sky reported revenues for its fiscal year to June up 5 percent to GBP 13.585 billion. Operating profit ...

Comcast drops bid for Fox assets, to focus on Sky takeover

Published 20 Jul 2018 08:31 CET | Europe
Comcast has abandoned its bid for 21st Century Fox and said it will instead focus on acquiring European pay-TV provider Sky. The ...

UK government approves 21st Century Fox bid for Sky

Published 12 Jul 2018 16:42 CET | United Kingdom
The UK government has formally approved 21 Century Fox's plans to acquire pay-TV group Sky. In a statement, new Culture Secretary ...

Sky agrees to higher takeover bid from Comcast

Published 12 Jul 2018 09:06 CET | United Kingdom
Comcast has raised its offer for European pay-TV provider Sky, just beating an improved bid from Sky's largest shareholder 21st ...

21st Century Fox increases offer for Sky by 30%, beating Comcast bid

Published 11 Jul 2018 10:46 CET | United Kingdom
21st Century Fox has increased its offer for Sky as it looks to outbid US rival Comcast for the pay-TV group. Fox and the Sky ...





Calendar   /   Industry Events

06 Aug NortonLifeLock fiscal Q1
06 Aug OTE Q2 2020
06 Aug Cincinnati Bell Q2 2020
06 Aug BCE Q2 2020
06 Aug Vonage Q2
06 Aug Adtran Q2
06 Aug Veon Q2 2020
06 Aug Switch Q2 2020
06 Aug Cogent Communications Q2 2020
06 Aug Immersion Q2 2020
06 Aug Motorola Solutions Q2 2020
06 Aug Cable One Q2 2020
06 Aug MTN Q2 2020
06 Aug PCCW H1 2020
06 Aug Tucows Q2 2020
06 Aug Sierra Wireless Q2 2020
06 Aug Viasat fiscal Q1
06 Aug T-Mobile US Q2 2020
06 Aug PCTel Q2 2020
06 Aug Fortinet Q2
06 Aug EchoStar Q2 2020
06 Aug FCC meeting
07 Aug O2 Czech Republic Q2 2020
07 Aug Dish Network Q2 2020
07 Aug Starhub Q2 2020
07 Aug TDS, US Cellular Q2 2020
10 Aug Sohu Q2 2020
10 Aug Avaya fiscal Q3
10 Aug Pixelworks Q2 2020
10 Aug ON Semiconductor Q2 2020
::: More Calendar Items