Business Services Industry
Boss defends Foxtel charge.
Australasian Business Intelligence, September, 2002
Sep 17, 2002 (The Australian Financial Review - ABIX via COMTEX)
Australian pay-TV operator Foxtel's CEO, Kim Williams, has defended the charges third parties would pay to access the group's network. In its undertaking to the Australian Competition & Consumer Commission (ACCC) to have the regulator endorse a $A1.3bn alliance with SingTel Optus, Foxtel said the access charge will be a minimum of $A1.25 million. He said pay-TV is an expensive industry. Nick Falloon, the chairman of free-to-air network, Ten, has claimed the charge puts the facility out of reach of most potential third-party content suppliers. Williams says the costs are real, not invented.
Publication Date: 18 September 2002
FOXTEL:
TELSTRA CORPORATION LIMITED - ASX
...
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