Sky TV sees annual profit gain of up to 8.6% in 2015, flags new ondemand service

Fri, 24 Oct 2014

By Paul McBeth Oct. 24 (BusinessDesk) - Sky Network Television, the country's dominant pay-TV operator, sees annual profit rising as much as 8.6 percent in the 2015 financial year, and plans to upgrade its customer set-top boxes and roll out a new web-based ondemand service. The Auckland-based company forecasts annual profit of between $170 million and $180 million in the 12 months ending June 30, 2015, from $165.8 million in 2014, while revenue is expected to rise to between $930 million and $940 million, from $909 million in 2014, accor...

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