C-Cube Message Board - Msg: 14090236

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Technology Stocks : C-Cube

CUBE 37.54

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To: John Rieman who wrote (49689)	7/22/2000 9:48:32 AM
From: JEFF K	Read Replies (1) of 50808

BSkyB Statement on Set-Top Box, Memory Chip Supply: Comment London, July 21 (Bloomberg) -- The following is a statement dictated by a spokesman for British Sky Broadcasting Group Plc, Europe's second-biggest pay-television company, about the company's supply of memory chips and set-top boxes for digital satellite services. The statement follows a decision by Telewest Communications Plc, the U.K.'s No. 2 cable company, to temporarily stop trying to win new digital-TV customers because of a shortage of set-top boxes. ``Sky is not experiencing any shortages of memory chips or its digital set-top boxes. On the contrary, we have sufficient stocks of equipment to more than meet continuing consumer demand for digital television.'' ``The chip used by cable operators is also used in the production of mobile phones. It is a different type of chip to the one used by Sky.'' ``We constantly monitor the situation but, I repeat, we remain unaffected by the shortages which are blighting cable operators.'' Jul/21/2000 11:02 ET For more stories from Bloomberg News, click here. (C) Copyright 2000 Bloomberg L.P.

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