Australian pay-TV company Foxtel has today announced it will launch broadband internet and fixed-line telephony services bundled with its television product. This follows approval by Foxtel’s shareholders Telstra and News Australia, and the execution of a wholesale agreement with Telstra.
The agreement with Telstra enables Foxtel to sell fixed-line broadband and telephony services nationally on both Telstra’s ADSL network and the National Broadband Network (NBN) as it is progressively deployed.
“This is a transformative event for the Foxtel business,” says Richard Freudenstein, Foxtel CEO. “It will enable us to greatly enhance the breadth, quality and value of the services we offer to customers while opening up significant opportunities for growth. International experience demonstrates that triple play and broadband bundles have been hugely popular with consumers and have allowed operators to boost take up of subscription TV services.”
The services are expected to launch in late 2014. Pricing and other terms and conditions will be announced prior to launch.