Why analyst sees Sky-Vodafone merger as 'a telco-led deal'

PLUS: Is it concerning that Sky's shares rose sharply but still fell short of the deal's 21% premium? With special feature audio: Tuanz boss Craig Young.

Chris Keall
Fri, 10 Jun 2016

Beyond all the hype and spreadsheets, what's the best way to describe the proposed Sky-Vodafone merger?

"I see this deal as a telco-led one," Forsyth Barr senior equities analyst Blair Galpin says.

"In other words, the opportunity is for Vodafone to leverage content to improve its share of the

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