Sky TV takes a financial hit

Sky TV chief executive Sophie Moloney accepts that customers have had a "frustrating" experience. (Image: NZME)

Fri, 21 Feb 2025

Sky Network Television reported a net loss after tax of $1.7 million in what it has been described as a “challenging” and “difficult” six months, with the broadcaster's attention focused on moving its customers to a new satellite because of the ailing Optus D2 satellite.The pay-TV operator also narrowed and lowered its full-year guidance for revenue, ebitda and net profit after tax.Thousands of customers have been left angry and frustrated after losing TV reception for at least several hours a day because of satellit...

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