Sky to launch broadband services on CityFibre network; BT shares fall

LONDON: British media company Sky will launch its broadband services on internet provider CityFibre’s network, the companies said on Tuesday, a development that sent shares of rival BT down by nearly 5%.

Sky’s full fibre broadband will be rolled out to customers on the CityFibre network next year, CityFibre said in a statement.