The ad by WCRS highlights Sky's Winter Broadband Sale, which offers existing and new Sky TV customers six months free unlimited broadband when switching to Sky Broadband Unlimited and Sky Talk.
The campaign will run across TV, outdoor, press and online, with media planning and buying handled by MediaCom.
Lucian Smithers, director of brand strategy and communications at BSkyB, said the popular fairytale has provided a "great" setting to promote the Broadband Winter Sale.
He added: "We're also pleased that the ad has helped answer the perennial question – can a wolf ride a bike?"
Creative team – Bertie Scrase / Christen Brestrup
Creative director – Leon Jaume
Agency team – Liz Darran, Anna Covell
Agency producer – Eliot Liss
Client creative director – Barry Skolnick
Client management team – Lucian Smithers, Carli Farmer
Director – Peter Lydon
Production company – 76 Ltd
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This article was first published on campaignlive.co.uk