Sky and Vodafone get closer anyway. Spark doesn't like it — but competition lawyers says it will probably have to lump it. UPDATE: Sky shares fall to eight-year-low before recovering some ground.
"In 5 years time, Vodafone will be thankful that the merger never went ahead. Just look at Netflix and other overseas content providers, who can't make any profits despite massive scale. There is no way that you can make solid profits in a smaller market just by reselling others content"