BT expects to partner with Sky still on fibre: Source

BT expects Sky to need to use the telecom provider as its partner for full fibre services, after a media report said the pay-TV group was set to back Virgin Media O2’s fibre rollout, a person familiar with the situation said.

The report in the Sunday Telegraph sent shares in BT down 8% in early trading on Monday. However the source said that while Sky may keep its options open to take some volume to Virgin, it was still expected to use BT too.