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BSkyB to splurge on the Net

Matthew Broersma ZDNet.co.uk

Published: 07 Feb 2000 13:22 GMT

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BSkyB (quote: BSY) is expected next week to announce more than £200m of investments in online projects, according to reports in the financial press.

The announcement, which will likely come with the company's latest figures next week, follows Internet investments by publishing conglomerate Pearson (quote: PSON) totalling £250m.

BSkyB has so far played a sideline role on the Net, focusing instead on its Open interactive television service. It recently took a £10m, 5.4 percent stake in sports site Sportal and is expected to launch other deals.

What do you think? Tell the Mailroom. And read what others have said.

See techTrader for more technology investment news, plus quotes and research.

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