Business Services Industry
Foxtel still has elbow room.
Australasian Business Intelligence, September, 2002
Sep 08, 2002 (The Sydney Morning Herald - ABIX via COMTEX)
Telstra, Foxtel's 50 per cent owner, has indicated it could improve its pay television anti-monopoly undertakings. Foxtel has undertaken to provide third party access to have the Australian competition regulator, the Australian Competition & Consumer Commission (ACCC), approve its content sharing deal with rival pay television entity Singtel Optus. It has also given an undertaking to upgrade Foxtel's cable service from analogue to digital. The next development would depend on the outcome of the ACCC's market inquiry investigating acceptance of the undertakings. Foxtel was adopting a "wait and see" approach, according to CEO, Kim Williams.
Publication Date: 9 September 2002
TELSTRA...
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