News’ interest in Cons Media, of course, lies in its 25 per cent share of Foxtel and 50 per cent interest in Fox Sports. News already owned 25 per cent Foxtel and the other half of Fox Sports so the acquisition will turn Foxtel into a joint venture between Telstra and News. Thodey said Telstra is comfortable with Foxtel pursuing strategy that News’ associate BSkyB executed in the UK, where it has become biggest broadband operator by bundling pay TV, telephone & broadband
Telstra chief wants to plug into more of the media
Telstra is the only communications company in Australia that can provide customers with a truly integrated telecommunications experience across fixed line, mobiles, broadband (BigPond'), information, transaction and search (Sensis') and pay TV (FOXTEL).
FOXTEL could significantly increase its customer base by rolling out phone and broadband services, Telstra chief David Thodey says.The telco giant, which owns half of the pay-television company, has given its support to the "triple play" strategy Foxtel is expected to pursue. Under the strategy - which has contributed to the success of British Sky Broadcasting in the UK - Foxtel would bundle traditional telco services with pay-TV content.
A DAY after Telstra shareholders overwhelmingly backed the companys 11 billion deal with the National Broadband Network that will see the telco hand its copper network back to the government, analysts have projected a bright outlook for the company.