Triple play, we hardly knew ye

Apologies for the loss of momentum on Japan-blogging late last week. Too many meetings, too many late nights, I'm afraid. Back in a very grey London, with a tenuous grasp of time zone, there is nevertheless no respite from the deflationary spiral which is our beloved UK telecom market. This move is hardly surprising, given a well-telegraphed strategy by NTL. What is, perhaps, surprising is the speed with which a mobile piece is being pursued, and also the fact that the approach is inorganic. At the last set of Sky results, James Murdoch was asked about the possibility for a mobile piece to the SkyEasynet newco and remarked that he thought the company had enough on its plate in the short term. I would be surprised if that were still the case this morning.