Telstra’s proposed acquisition of majority stake in Fetch TV not opposed* The ACCC will not oppose the proposed acquisition of 51.4% of Media Innovations Holdings Pty Ltd (Fetch TV) by Telstra Corporation Ltd (ASX:TLS). Telstra and Fetch TV both supply content aggregation services through set-top-boxes. Telstra supplies Telstra TV with eligible Telstra retail broadband services and Fetch TV supplies set-top-boxes to broadband retailers to supply as an add-on to broadband services, and directly to consumers through select retail stores. The ACCC’s review focussed on whether Telstra would have the ability and incentive to foreclose
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The Australian Competition Authority will not oppose the acquisition of a company that sells TV set-top-boxes by a broadband provider (Telstra / Fetch)
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