Telstra officially owns a majority stake in Fetch TV

Andrew Banks

August 2, 2022 4:19

Telstra has completed the acquisition of a 51.4 per cent controlling interest in Fetch TV following regulatory clearance. Fetch will continue to operate as a standalone business with Telstra as a majority shareholder.

Telstra TV as a product will continue to be supported for all existing users during this onboarding period, and Telstra will offer its customers Fetch-based products with an exciting new TV entertainment proposition in 2023. The agreement was entered into back in April this year.

And in July, the Australian Competition and Consumer Commission (ACCC) agreed to not oppose the proposed acquisition by Telstra Corporation Ltd.

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Andrew Banks

Andrew is an editor and journalist with over 27 years' experience, working across publications including news.com.au, The Sunday Telegraph and The Australian newspaper.

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