BSkyB 'ready to move into broadband market'

Broadcaster BSkyB is to grab a slice of the rapidly growing broadband market through an acquisition worth up to £150m (€220m), it was reported today.

The proposed swoop for telecoms group Easynet signals the start of battle against cable TV rivals NTL and Telewest, as well as making it a direct competitor against the likes of BT, AOL and Wanadoo.