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Sky TV, Vodafone New Zealand confirm merger talks

( June 8, 2016, 05:59 GMT | Insight) -- Sky Television has confirmed that it is discussing a possible merger with Vodafone New Zealand, but said talks were ongoing and that no results were guaranteed, Stuff reports. Sky Television has confirmed that it is discussing a possible merger with Vodafone New Zealand, but said talks were ongoing and that no results were guaranteed, Stuff reports. Sky TV has in the meantime suspended share trading for 48 hours, indicating that more information could be forthcoming by Friday. Sky TV chief John Fellet said the company was considering a potential acquisition or a return of capital to shareholders. Vodafone did not comment further in relation to Sky TV’s statement. The two companies are existing business partners, with Vodafone selling fixed-line and mobile broadband services, and Sky TV providing satellite TV subscriptions and Internet TV services. ...

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