Sky Teams Up with CityFibre for Full Fibre Broadband Launch

British media company Sky will begin offering broadband services on CityFibre's network. This collaboration will see the rollout of Sky's full fibre broadband to customers starting next year, causing a nearly 5% drop in BT's share prices.

British media giant Sky is set to commence its broadband services on CityFibre's internet network, the companies announced on Tuesday.

This strategic move has resulted in a nearly 5% decline in the share prices of rival internet provider BT.

The rollout of Sky's full fibre broadband on CityFibre's network is scheduled to begin next year, offering enhanced services to customers seeking faster internet connections.

(With inputs from agencies.)