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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

Sky TV first-half 2018 result:

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Sky slashes pricing as subscriptions continue to fall
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