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Sky unveils plans for on-demand TV
2014-10-24 14:05:55| Telecom - Topix.net
Sky Network Television, the country's dominant pay-TV operator, sees annual profit rising as much as 8.6 percent in the 2015 financial year, and plans to upgrade its customer set-top boxes and roll out a new web-based on-demand service. The Auckland-based company forecasts annual profit of between $170 million and $180 million in the 12 months ending June 30, 2015, from $165.8 million in 2014, while revenue is expected to rise to between $930 million and $940 million, from $909 million in 2014, according to slides accompanying chief executive John Fellet's speech to shareholders at today's annual meeting.
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Category:Telecommunications