Sky TV clarifies Orcon rumours

Last updated 12:33 18/06/2014

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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.

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