Sky to raise prices despite falling subscriber numbers

Tue, 17 May 2016

By Edwin Mitson May 17 (BusinessDesk) - Sky Network Television is to raise the price of its basic subscription package and its sports package despite a fall in the number of subscribers according to a report by Fairfax Media. The monthly price of Sky Basic will rise by $0.69 to $49.91, while Sky Sports will increase by $1.61 to $29.90 a month. On May 6, the pay-TV operator warned that subscriber numbers were expected to fall further this year, leading to earnings next year missing analysts' expectations. The Auckland-based company f...

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