SKT Sky Network Television Limited.

[ratkin]

Well, that is the rugby gone for the forseeable

[winner69]

Probably sold it for $1

[mistaTea]

Probably sold it for $1

Referring to this? https://www.nzx.com/announcements/357802

They should have contacted you and I if that was the case mate - we could have gone halves.

[Getty]

...further enhancing our great story telling...
I think there's a few on here would agree with that statement.

Selling OSB is a retrograde step.
They didnt need to sell to raise capital, the SPP did that.
Now ,they are going to have to pay a premium to NEP to get the same service.
As for avoiding $50m future capex in OSB, do you think NEP will do it for SKY at no charge, just because they like them?
It's like when local bodies privatised services, did the ratepayer finish up paying less?
Yeah, Right!

[tqtq]

Referring to this? https://www.nzx.com/announcements/357802

They should have contacted you and I if that was the case mate - we could have gone halves.

Could be freeing up cash to purchase mediaworks

[mistaTea]

...further enhancing our great story telling...
I think there's a few on here would agree with that statement.

Selling OSB is a retrograde step.
They didnt need to sell to raise capital, the SPP did that.
Now ,they are going to have to pay a premium to NEP to get the same service.
As for avoiding $50m future capex in OSB, do you think NEP will do it for SKY at no charge, just because they like them?
It's like when local bodies privatised services, did the ratepayer finish up paying less?
Yeah, Right!

Yeah could give some short-medium saving a but end up costing more in the long run.

Hard to know without understanding how much NEP paid is for OSB and what the pricing model is for NEP provide us with the service over the next 10 years.

In principle, I do think it is right for Sky to find more ways to become leaner and meaner though. Cost control is going to be critical moving forward.

OSB became less valuable as soon as NEP set up shop. So does it make sense to have all the ongoing OPEX and CAPEX to own an asset that is no longer a competitive advantage?

[Getty]

I doubt if there was any restraint of trade, so now the coverage could be sold to any one, Spark?
Not withstanding Exclusive rights deals like rugby for now.

[mistaTea]

I doubt if there was any restraint of trade, so now the coverage could be sold to any one, Spark?
Not withstanding Exclusive rights deals like rugby for now.

Spark already have a deal with NEP for the cricket...

[Getty]

And competitive advantage flies out the window for Sky.

[dompf]

And competitive advantage flies out the window for Sky.

Hammer time, lol may see 12's again today