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BSkyB confirms $373 million Easynet deal

LONDON, Oct. 21 (UPI) -- BSkyB has confirmed it is paying $373 million for broadband company Easynet, the Guardian reported Friday.

The all-cash move lets BSkyB compete more effectively against BT and cable operators NTL and Telewest, as well as other Internet service providers.

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"Easynet innovative network and technological expertise perfectly complement Sky's strengths in programming and in making technologies easy to use," BSkyB chief executive James Murdoch said.

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