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Sky ‘looking to invest in Liberty Global fibre venture’

Investment could help Sky with the continued growth of NOW TV

Sky is reportedly considering investing in Liberty Global’s new fibre network.

According to the Financial Times, Sky is considering joining Virgin Media in the venture and could also be a wholesale customer to provide services over the fibre network.

Liberty Fibre Ltd has been created to roll out full fibre outside the existing Virgin Media cable footprint.

The FT said sources familiar with the possible deal said Sky is still in the early stages of talks with the company.

Any investment in the company would help Sky with any future plans to further grow its NOW TV platform via broadband.

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