5/28/2012 10:45:00 AM
BSkyB 'held talks about moving into mobile'
Broadcaster BSkyB held talks with Everything Everywhere about buying spectrum that could have allowed the company to launch its own mobile phone service.
The operator has to sell a chunk of its 1800MHz spectrum as part of the conditions of the Orange/T-Mobile merger. According to a report in The Sunday Times, the broadcaster explored the possibility of setting up its own network to bolster its television business and home phone packages.
However, sources told the newspaper its interest cooled after holding talks with Morgan Stanley, which is the bank running the sales process. One banker said: 'It costs nothing to take a look but building a network would not make sense. For one thing, investors would not like it.'
A Sky spokesman said: 'As you might expect we regularly meet with a wide range of companies to explore and understand potential opportunities. While we continue to extend our leadership in mobile content, we currently have no plans to offer mobile access beyond our existing public WiFi network.'
Editor: Graeme Neill