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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
5 mins to read

Fellet on why merger was pulled, and a major new partnership with Vodafone or Cisco

Sky and Vodafone get closer anyway. Spark doesn't like it — but competition lawyers says it will probably have to lump it. UPDATE: Sky shares fall to eight-year-low before recovering some ground.

Chris Keall
Mon, 26 Jun 2017

Sky TV and Vodafone dropped their $3.44 billion merger bid and Commerce Commission appeal because of the estimated cost of at least $1 million each and, more, an estimated one-year timeframe says Sky TV chief executive John Fellet says.

It was a mutual decision.

“I’d rather use that

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Chris Keall
Mon, 26 Jun 2017
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Fellet on why merger was pulled, and a major new partnership with Vodafone or Cisco
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