Sky Pacific looking for partner to take company to the next level

Sky Pacific looking for partner to take company to the next level

By Ronal Deo
10/07/2015
CEO of Fijian Holdings Limited Nouzab Fareed

Fiji Television Limited has confirmed that their Pay TV company Sky Pacific is looking for a potential strategic partner to take the company to the next level.

However they are not planning to sell all their shares in Sky Pacific at this stage.

CEO of Fijian Holdings Limited which is the majority shareholder of Fiji TV, Nouzab Fareed confirms they have signed non-disclosure agreements with Digicel and four other companies.

Fareed made this announcement after Attorney General, Aiyaz Sayed-Khaiyum told parliament that Digicel is currently talking to Fijian Holdings Limited to buy Sky Pacific.

He says for the last eighteen months Sky Pacific is performing extremely well and they now have over 23,000 active subscribers.

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Meanwhile, Fareed adds that Fijian Holdings is ready to move to the Digital Platform and they are grateful that they have been given another channel.

He says they are looking forward to launching Fiji Two which will have more entertainment.

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