Telstra has begun a review of its digital media and IPTV division as part of efforts to simplify operations and better support its core revenue earners, according to reports in local newspaper The Australian.
Chief marketing officer Mark Buckman is believed to be leading the review, just a month after assuming charge of the digital media and IPTV division following the resignation of previous incumbent JB Rousselot.
Telstra CEO David Thodey is believed to view media as an important growth sector for the company, and one possible outcome of the review could see the telco increase its focus on reselling pay-TV services from Foxtel, in which it holds a 50% stake.
As many as 55 jobs could be cut following the review process, although 25 new roles could also be created for the digital media and IPTV division, which is thought to employ around 300 staff.
The review process is expected to be concluded by the end of the month, in readiness for the new financial year.
Via The Australian