Sky TV clarifies Orcon rumours

TOM PULLAR-STRECKER
Last updated 12:33 18/06/2014

Relevant offers

Industries

BNZ seeks mortgagee sale of Abel Tasman beach owner's $1.6m Wellington home Waitangi weekend drew out the shoppers Reclusive rich-lister John Spencer was once NZ's richest man Gareth Morgan critical of crowd-sourced Abel Tasman beach campaign Mummy blogger Heather Armstrong says 'real voices' being silenced online Animal rights group SAFE calls on Countdown to dump cage-farmed eggs Cloud security broker ThisData helping businesses stay safe in the cloud Ask the Expert: Asking friends for business investment NZ Post announces new vehicle purchase to keep up with changing consumer demands It's time to ban sunbeds, Consumer NZ says

Sky Television chief executive John Fellet has clarified the company's position on entering the internet provider market saying "all thing are possible" while appearing to downplay the chances.

Fellet said he could not rule it out as the company's strategy might change in two or three years.

Sky Television would still not say whether it might acquire internet provider Orcon as it did not comment on market speculation, he said. However, the main premise for speculation it might buy Orcon was removed today when an announcement by the company transpired to be its intention to launch to a subscription video-on-demand service this year.

Orcon director Warren Hurst indicated on Friday that work on the sale of the company was being progressed over the weekend but was unable to provide an on-record update yesterday.

Ad Feedback

- Stuff

Special offers

Featured Promotions

Sponsored Content