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4-Traders Homepage  >  Equities  >  Xetra  >  Sky Deutschland AG    SKYD   DE000SKYD000

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Sky Deutschland Open To Cooperation With Deutsche Telekom

04/19/2012 | 08:44am US/Eastern

German pay-television operator Sky Deutschland AG (>> Sky Deutschland AG) is open to cooperating with German telecommunications company Deutsche Telekom AG (>> Deutsche Telekom AG), Sky Deutschland spokesman Dirk Grosse said Thursday.

"We are open to cooperation with Telekom as well as other license partners," he said.

His comment comes after Sky Deutschland, which offers digital content via satellite and cable, Tuesday beat Deutsche Telekom in an auction for the rights to broadcast German soccer league, or Bundesliga, matches for the 2013/14 through 2016/17 seasons.

After the auction, Christian Illek, marketing chief of Deutsche Telekom's German unit, said: "I believe we will find some sort of agreement regarding future soccer broadcasts with Sky."

Sky Deutschland's Grosse said Thursday: "Why shouldn't a Sky-World-Package including Bundesliga and movies be available on the Telekom's T-Home [Internet protocol television] platform." He added he could imagine the Champions League or Wimbledon being broadcast on Deutsche Telekom's platform.

He said there have been no concrete talks so far with Deutsche Telekom or other possible license partners, but extensive talks are likely in the near future.

"It makes sense if we work together with Telekom," Grosse said, in view of the telecom company's 90% market share in the IPTV segment.

News Corp. (NWS), which owns Dow Jones & Co., publisher of this newswire and The Wall Street Journal, has a 49.9% stake in Sky Deutschland.

-By Ursula Quass, Dow Jones Newswires; +49 69 29725 104; unternehmen.de@dowjones.com

Stocks mentioned in the article : Sky Deutschland AG, Deutsche Telekom AG
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