In February a sale and purchase agreement was signed with Telekom PNG where the Fiji TV subsidiary would be sold to the Telecom PNG.
FHL CEO Nouzab Fareed announced both parties have agreed to part from the proposed transaction – this is due to dis-agreement over rights to broadcast NRL matches in PNG.
Fareed said the NRL rights in PNG is now owned by Digicel Pacific.
Meanwhile, Fijian Holdings Limited the parent company of Fiji Television Limited said that there is no redundancy plan for Fiji TV staff.
