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BSkyB Completes Acquisition Of Virgin Media TV

BSkyB Completes Acquisition Of Virgin Media TV

News Consumer

The sale of Virgin Media TV to archrival BSkyB has been completed today for £105 million after regulators gave their green light to the transaction. An additional £55 million will be paid when the Office of Fair Trade in the UK give its approval to the deal. The move will see Virgin Media TV being renamed to Living TV group and will include the likes of Living, Living IT, Challenge, Challenge Jackpot, Bravo, Bravo 2 and many others. Virgin 1 will also be...



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BT to offer 24mb speed broadband by next year

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Buried in a BT's press release sent today is news that BT will launch end users broadband at a speed of 24 mbps in 2008 as part of the 21cn project.The trials began in the West Midlands with the participation of three...

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