BT denies squeezing customers after paying £1.2bn for Champions League

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BT has denied customers are being forced to foot the bill for a new £1.2bn Champions League football rights deal after securing the contract in the wake of inflation-busting price rises for its broadband and phone services. The group has paid £1.18bn to fend off Sky and renew exclusive broadcast rights for Champions League and Europa League football. The deal which runs from 2018 to 2021, represents a 32% increase on the cost of its current three-year contract. The rights win comes after the telecoms group prompted outrage among customers and consumer groups for introducing its third price hike in 18 months at the start of the year. In January, BT said it was to raise the cost of broadband and calls. It also announced that BT Sport will no longer be given away free to its BT TV customers and that it would begin charging them £3.50 a month for the service from August. The broadband and phone call price rises will affect about 10 million customers from 2 April, equating to increases of about 5% to 6%. Analysis BT's £1.2bn Champions League splurge is price of staying in Sky game The telecoms group needed to win at all costs after a rocky year – though it may face a tougher battle over the Premier League Read more BT denied customers were being squeezed to fund its battle with Sky for premium sports rights. “I don’t think that is true,” said John Petter, the chief executive of BT’s consumer division. “The broadband market is very competitive. Our share of the broadband market has been growing and customers vote with their feet [if they are unhappy]. The fact that the market is competitive means our offering has to represent good value for money. Line rental has not increased, for example. [...]