BT shares slump after competitor Cityfibre strikes major deal with Sky

BT shares slumped five per cent in early deals this morning after it was revealed that Sky had struck a broadband deal with one of its biggest rivals. Sky is expected to launch its broadband services on Cityfibre’s network from 2025, the two companies said. BT currently hosts all of Sky’s broadband customers—around 5.7m customers—on [...]