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Sky Welcomes Ofcom Statement - Quick Facts

9/20/2012 2:18 AM ET

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."

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by RTT Staff Writer

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