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BSkyB responds to Ofcom statement

31st Mar 2010 07:00

RNS Number : 4872J
British Sky Broadcasting Group PLC
31 March 2010
 



 

 

 

BSkyB responds to Ofcom statement

 

British Sky Broadcasting Group PLC

31 March 2010

 

BSkyB notes today's statement by Ofcom regarding the outcome of its Pay TV market investigation. The company confirms its intention to challenge Ofcom's conclusions before the Competition Appeal Tribunal.

 

Commenting on Ofcom's statement, a Sky spokesperson said:

 

"There should be no doubt that Ofcom's actions represent an unprecedented and unwarranted intervention.

 

"This is a marketplace where customers are well served with high levels of choice and innovation. Consumers will not benefit if regulators blunt incentives to invest and take risks.

 

"After three years of engagement with Ofcom, we now look forward to a judicial process which will apply impartial analysis and clear legal standards."

 

END

Analysts/Investors:

Francesca Pierce 020 7705 3337

Lang Messer 020 7800 2657

 

Media:

Robert Fraser 020 7705 3706

Stephen Gaynor 020 7705 3446

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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