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UK's BT Group in talks to divest stake in television unit -The Telegraph

April 28, 202111:35 PM UTC
Retail & ConsumerUKâs BT Group in talks to divest stake in television unit -The Telegraph
Reuters
2 minutes read
Company s logo is displayed at British Telecom (BT) headquarters in London, Britain, November 15, 2019. REUTERS/Simon Dawson
BT Group Plc (BT.L) is in talks with Amazon.com Inc (AMZN.O), Walt Disney Co (DIS.N) and sport streaming company DAZN to divest a stake in its television unit BT Sport, The Telegraph reported on Wednesday.
A British broadcaster is also involved in the discussions and potentially leading the bidding, the report said, citing City sources.
BT, Britain s biggest broadband and mobile operator, moved into sports broadcasting in 2012 when it won the rights to show a package of live Premier League soccer matches. ....

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UK's BT Group in talks to divest stake in television unit - The Telegraph

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(Reuters) -BT Group Plc is in talks with Amazon.com Inc, Walt Disney Co and sport streaming company DAZN to divest a stake in its television unit BT Sport, The Telegraph reported https://bit.ly/3xzlmJo on Wednesday.
A British broadcaster is also involved in the discussions and potentially leading the bidding, the report said, citing City sources.
BT, Britain s biggest broadband and mobile operator, moved into sports broadcasting in 2012 when it won the rights to show a package of live Premier League soccer matches.
Its current package, which cost 885 million pounds ($1.23 billion), allows to show 32 matches for three seasons from 2019-20. It also has the rights to show Champions League soccer until 2024 under a three-year 1.2 billion pound deal. ....

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