WELLINGTON, June 8 (Reuters) - Sky Network Ltd (SKT) on Wednesday said it is in discussions with Vodafone Group Plc
about a possible merger of their New Zealand businesses. The talks regarded a potential transaction involving a combination of the businesses of Sky and Vodafone New Zealand, it said in a release to the New Zealand stock exchange.
The discussions were "ongoing and incomplete and may not result in a transaction occurring", it added.
Sky provides pay television and free-to-air television services in New Zealand while Vodafone New Zealand provides broadband, fixed-line and mobile phone services.
Vodafone New Zealand decline to comment on any possible transaction while Sky said it would not comment further.
Sky Network shares are on a trading halt.
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WELLINGTON, June 8 (Reuters) - Sky Network Ltd (SKT) on...
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