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COMCAST CORPORATION

(CMCSA)
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Exclusive-Vodafone exec emerges as favourite for Sky's top job in Italy - sources

07/23/2021 | 08:01am EDT
FILE PHOTO: Sky logo is seen at the exterior of the Sky Italia buildings on the outskirts of Milan

MILAN (Reuters) - Vodafone executive Andrea Duilio has emerged as a top candidate to lead the Italian operations of European pay-TV company SKY, two industry sources told Reuters on Friday.

Sky kicked off the process to select a new head for its Italian business after chief executive Maximo Ibarra stepped down in April as CEO.

A former head of Dutch telecoms group KPN, Ibarra, who oversaw the launch of Sky's broadband service in Italy last year, will leave the company owned by U.S. media group Comcast after the end of July.

Duilio, who leads Vodafone's consumer business unit in Italy, emerged as a top contender among external candidates and is in pole position for the job, the two people said. A third person said no final decision has been taken yet.

The sources have told Reuters Sky was also considering internal candidacies for the role, including Karl Holmes and Patrick Béhar, respectively chief operating officer for Sky Europe and chief business officer for Sky's UK and Ireland operations.

Sky and Vodafone declined to comment.

Sky Italia, which is Italy's top pay-TV player, earlier this year suffered a blow when top-flight soccer league Serie A awarded the bulk of domestic screening rights to streaming services DAZN, which sealed a distribution agreement with Italy's biggest phone group Telecom Italia.

(Reporting by Elvira Pollina; editing by Tomasz Janowski)


ę Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
COMCAST CORPORATION -0.76% 56.06 Delayed Quote.6.98%
MICROSOFT CORPORATION 0.17% 294.8 Delayed Quote.32.54%
ROYAL KPN N.V. 1.02% 2.774 Real-time Quote.10.41%
TELECOM ITALIA S.P.A. 0.60% 0.3534 Delayed Quote.-7.07%
VODAFONE GROUP PLC 1.14% 115.34 Delayed Quote.-5.71%
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Analyst Recommendations on COMCAST CORPORATION
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Financials (USD)
Sales 2021 115 B - -
Net income 2021 13 360 M - -
Net Debt 2021 88 521 M - -
P/E ratio 2021 19,6x
Yield 2021 1,77%
Capitalization 257 B 257 B -
EV / Sales 2021 3,00x
EV / Sales 2022 2,77x
Nbr of Employees 168 000
Free-Float 83,2%
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Technical analysis trends COMCAST CORPORATION
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Mean consensus BUY
Number of Analysts 35
Last Close Price 56,06 $
Average target price 66,68 $
Spread / Average Target 18,9%
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Managers and Directors
Brian L. Roberts Chairman, President & Chief Executive Officer
Michael J. Cavanagh Chief Financial Officer
Jeff Votaw Vice President-Engineering
Candy Lawson Chief Compliance Officer & Senior Vice President
Karen Dougherty Buchholz Executive Vice President-Administration
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