Vodafone Group - Re: VOD Stream Log - "The deal between SKY and...

"The deal between SKY and Vodafone is beneficial for both companies. It provides SKY with the opportunity to broaden its offerings beyond the traditional satellite broadcast market and compete with giants such as Netflix and Apple’s online content service. Moreover, SKY could leverage on the large customer base of Vodafone NZ, covering over 2.35 million mobile connections and more than 500,000 fixed-line connections. The combined group would be one of the largest firms listed on the NZX main board with an expected revenue of NZ$2.9bn. For Vodafone, the deal provides it an easy exit from the market that it had considered non-essential for a long period. Recently, Vodafone extended its partner market agreement with sub-Saharan African telecommunications provider Afrimax Group to cover Zambia. The companies have already partnered to launch 4G services in Uganda, and plan to provide high-speed 4G data services to consumers and businesses in Zambia." Beaufort note on Research Tree