MIDDAY UPDATE: Kiwis lose global content access as ISPs back down

MIDDAY UPDATE: Kiwis lose global content access as ISPs back down
June 24 (BusinessDesk) - New Zealanders will lose access to global content after Sky Network Television, Spark New Zealand and a consortium of telecommunications companies and broadcasters cut a deal with rebel internet service providers to stop offering what is known as ‘global mode’. Sky TV and Spark shares rose on the news. In a statement to the NZX, Sky said the legal proceedings against ISPs offering ‘global mode’ have been dropped after the parties reached a settlement that will end the service from Sept. 1. “It’s more of a medium-t...