Sky NZ had its AGM during the week and covered the Satellite issues
- The need to shift has been labeled “Project Migrate”
- Optus have offered two options (satellites at 160 and 156)
- Sky’s preference is to stay at 160 degrees east (same slot, smoother transition) - will have greater confidence about this option in January
- The option to move to 156 degrees east is available now, Sky expects most customers should be able to switch without issue, the “Hello Satellite” tests have been about trying to identify customers who can’t see that orbital slot
- Optus and Sky have a supply deal until 2031
- Both options are being pursued until there is a significant level of certainty
- Expect the shift to occur in May 2025
- Forecasting a $10m (I assume NZD) increase in costs related - have agreed to confidential terms with Optus around some recovery of costs