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CCV - Churchill Capital V News Story

$9.94 0.0  0.1%

Last Trade - 12/05/21

Sector
Financials
Size
Mid Cap
Market Cap £486.3m
Enterprise Value £485.2m
Revenue £n/a
Position in Universe 3189th / 6856

BRIEF-Sky Italy unit says mobile services not in its plans

Tue 16th June, 2020 11:53am
June 16 (Reuters) - The head of Sky's Italian unit Maximo
Ibarra says: 
    * COMCAST'S SKY HAS INVESTED 230 MILLION EUROS TO LAUNCH
BROADBAND
SERVICE IN ITALY 
    * COMCAST'S SKY HAS SIGNED DEAL WITH SWISSCOM'S FASTWEB TO
PROVIDE
BROADBAND SERVICES TO CLIENTS IN AREAS NOT YET COVERED BY OPEN
FIBER 
    * M&A ACTIVITY IS NOT IN THEIR PLANS
    * MOBILE SERVICES NOT IN CO'S PLANS
    * THINKS LONG TERM DEVELOPMENT PLANS FOR OPEN FIBER WILL
REMAIN
UNCHANGED REGARDLESS OF ITS INVESTORS
    * CO NEEDS REQUEST FROM SOCCER LEAGUE TO BE ABLE TO
BROADCAST
REMAINING SERIE A MATCHES IN FREE-TO-AIR, CO OPEN TO DO SO
    * SINGLE WHOLESALE BROADBAND NETWORK BEST OPTION FOR ITALY,
MUST
NOT BE CONTROLLED BY VERTICALLY-INTEGRATED PLAYER


 (Reporting by Milan newsroom)
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