Business Services Industry
Why we can't afford a 20th century Foxtel.
Australasian Business Intelligence, March, 2002
Mar 9, 2002 (The Australian
ABIX via COMTEX) -- The cost of keeping non-viable businesses in operation has been seen in the cases of Australis and Ansett Australia. The Australian Competition and Consumer Commission (ACCC) has a record of intervention in the pay television sector. The proposed merger between Foxtel and Singtel Optus will be examined by the regulator, though it will be in the interests if it is allowed to proceed. Aggregation of audience numbers is the only way to make pay television a success. The One.Tel disaster demonstrated News Limited and Publishing and Broadcasting are committed to the content, not the telephony sector. Monopoly does not need to equate to monopoly pricing, especially if sectors such as pay television, aviation and banking...
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