The deal is expected to open up significant new headroom for growth in the new-build segment of the residential market.
“We’re committed to driving forward ultrafast connectivity in the UK and this deal with BUUK enables us to use our anchor tenancy to unlock infrastructure investment, while entering a new market with significant potential for growth,” said Stephen van Rooyen (pictured), CEO UK & Ireland, Sky.
Under the terms of the partnership, Sky will become the anchor tenant for broadband services in new and existing residential developments connected by BUUK. The deal also builds on the existing commercial agreement between Sky and BUUK for the availability of Sky TV in new build homes.
”As BUUK continues to increase the speed with which we connect new homes to full fibre broadband, we are excited to deepen our partnership with Sky – the UK’s leading broadband and entertainment provider, present in millions of homes across the country,” added Clive Linsdell, CEO, BUUK Infrastructure. “Together, Sky and BUUK will ensure that more consumers can access ultra-fast broadband speeds on the day they move into their new home.”
BUUK Infrastructure has confirmed plans to rapidly expand the number of new homes it connects, targeting 200,000 new build properties over the next 12 months.
In related news, Sky subsidiary, Sky Italia, entered into a multi-year managed services agreement with Amdocs to modernise its digital monetisation operations. The deal follows a separate multi-year managed services agreement both parties entered into last year for the delivery of an Amdocs open network solution.
Under the terms of the agreement, Amdocs will deliver its Smart Operations (SmartOps) managed services to Sky Italia. The solution includes advanced automation, artificial intelligence and machine-learning tools and ongoing application development leveraging DevOps methodologies, all under predefined, key business performance indicators.