Daily Digit: BSkyB Hit by BT Rights Win
( 01:39 )
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1.5 billion pounds is today's daily digit in Europe. The amount wiped off BSKyB's market valuation as its shares fell by 10% in morning trade in London. Investors in the pay-TV operator were stunned as it lost the rights to show Champions League football matches. It was BSkyB's first major defeat in a rights auction. It lost out to the new kid on the block - former state telecoms monopoly BT. BT's recently launched a new sports TV service.

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