British Sky Broadcasting Group Plc (BSYBY.PK,BSY.L) said it welcomes announcement by Ofcom that Sky remains a fit and proper holder of its broadcasting licences.
A Sky spokesperson commented, "Ofcom is right to conclude that Sky is a fit and proper broadcaster. As Ofcom acknowledges, our track record of compliance in broadcasting is good. We are proud of our contribution as a broadcaster, the investments we make to increase choice for UK audiences and the wider benefits we create for the economy. After a lengthy review process, we are pleased that Ofcom has now reached its conclusion and we look forward to continuing to develop our business for the benefit of customers and shareholders alike."
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.