Sky TV sees profit growth of up to 13 percent in 2014, says new products in the pipeline

Thu, 24 Oct 2013

By Paul McBeth Oct. 24 (BusinessDesk) - Sky Network Television, which received a warning from the antitrust regulator for potentially breaching competition law this month, sees annual profit rising as much as 13 percent in the current 2014 financial year, and is preparing to ramp up its foray into mobile and web-based delivery with new products in the pipeline. The Auckland-based pay-TV operator forecasts net profit of between $145 million and $155 million in the 12 months ending June 30, 2014, up from $137.2 million in the 2013 financial y...

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