Telstra confirms Fetch TV investment in battle for living room dominance

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Telecommunications giant Telstra has bought a 51 per cent stake in content aggregation company Fetch TV at a valuation of $100 million.

, which is jointly owned by Telstra and Rupert Murdoch’s News Corp.

“Becoming a trusted partner in the home remains an important growth opportunity for Telstra,” Telstra’s product and technology executive Kim Krogh Andersen said in a statement. “As homes become more digitally connected, the integration of that technology – including the smart modem, smart meter and a platform for streaming media which can also be used for AR, VR and the metaverse – will become even more critical.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 8. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

Maybe but the journos work to Murdoch rules, and can't write in any case.

Odds on it’s a dud deal. How long since to clowns at Telstra have done something smart. They could have bought Elon Musk out with the money those knobs have smoked. Someone should be in jail for this Trading Post deal. Even at the time it was nuts and it’s just got nuttier

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