Sky confirms security of supply over satellite

Sky and Optus have agreed a variation to the Optus agreement that provides Sky with security of supply over satellite capacity through to the end of the current term in November 2031 and

mitigates against further delays or a failure of the new software-defined satellite.

Commercial terms have been agreed that, while confidential, provide financial support for Sky to undertake the necessary investment required to ensure a seamless transition across various satellites.

The new software-defined satellite was originally expected to be ready for service in late 2023 with delivery by the satellite’s manufacturers delayed due to various factors (including Covid and

manufacturing and supply chain issues) extending the planned ready for service date of the satellite until late 2025.

ENDS

•  Sky confirms security of supply over satellite

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

PFI - Divestments
CEN offers to purchase remaining 25% of King Country Energy
February 16th Morning Report
SkyCity Appoints Chief Financial Officer
February 13th Morning Report
February 12th Morning Report
NZME 2025 Full Year Results Release Date
Turners Institutional Investor Day
February 10th Morning Report
PEB - Medicare Contractor Novitas Schedules Expert Panel