Sky slashes pricing as subscriptions continue to fall
A surprise gain in profits but other metrics are worrying. UPDATE: Shares fall sharply.
Wed, 28 Feb 2018
UPDATE / 1.15pm: Sky TV [NZX : SKT] shares were down 9.64% to $2.53 in early afternoon trading. The pay TV provider's customer losses, dividend cut and new $25 plan do not appear to be the tonic investors were after. LATEST: Sky TV boss asked for his big ideas