|
Wednesday 21st August 2013 |
Text too small? |
Sky Network Television has agreed a resale and distribution agreement with Vodafone after the mobile phone company bought Telstra Corp.'s New Zealand unit last year.
The agreement brings together previously separate arrangements with Vodafone and Telstra, allowing Vodafone to resell Sky TV's service and distribute its programmes to households via its own broadband network, Auckland-based Sky TV said in a statement.
Shares in Sky TV rose 1.3 percent to $5.30, taking their gain this year to 6.7 percent.
Sky TV has wholesale partnerships with Telecom, Vodafone and Slingshot, which aids the pay-TV company because it gets the benefit of their marketing efforts for bundled services.
In May last year, the Commerce Commission began an investigation into Sky TV's content contracts with internet service providers to check whether such deals tied up the market and prevented competition.
BusinessDesk.co.nz
No comments yet
CEN - Contact Chair to retire this year, new Chair appointed
May 1st Morning Report
GTK - Gentrack's Veovo Acquires Dubai Technology Partners
SML - Additional information following Bright Dairy announcement
April 30th Morning Report
Rua Bioscience Market Update
FSF - Fonterra announces interim leadership changes
April 29th Morning Report
NZK - Blue Endeavour Pilot Farm and Wellboat Update
TRU - FY 31 March 2026 Revenue and Results Guidance Achieved