Sky Television may have to consider raising the price of its Sky Sport service in the next 18 months despite reporting a higher profit, chief executive Sophie Moloney has warned. Supplied Sky TV will begin selling broadband to “targeted” customers soon, says Sky TV chief executive Sophie Moloney. “We are seeing strong evidence that we are reaching a stable core of Sky box customers,” Moloney said. Moloney said Sky expected to launch its long-touted broadband service “in the coming weeks” and would start selling that service to targeted customers shortly. Sky shares were trading up 1.6 per cent at 18.5c in mid-morning trading in the wake of the profit result.

Source: Stuff February 22, 2021 20:26 UTC