News: ACCC lobbied to let Foxtel compete with Tel

  1. lightbulb Created with Sketch. 1
    .


    The Australian Competition and Consumer Commission has been lobbied by telecommunication groups to let Foxtel sell bundled services in competition to its largest shareholder, Telstra (ASX:TLS), in light of its imminent merger with Austar United Communications Ltd (ASX:AUN).



    Currently, Foxtel has a deal with Telstra that prevents it from offering packages with pay television, broadband and voice services that could rival similar Telstra products. 



    In the first half of its 2011 financial year, Telstra posted a net profit of $1.2 billion.


 
watchlist Created with Sketch. Add AUN (ASX) to my watchlist
(20min delay)
Last
$3.11
Change
-0.040(1.27%)
Mkt cap ! $36.98B
Open High Low Value Volume
$3.17 $3.18 $3.11 $82.40M 26.31M

Buyers (Bids)

No. Vol. Price($)
14 927083 $3.11
 

Sellers (Offers)

Price($) Vol. No.
$3.12 359771 7
View Market Depth
Last trade - 16.10pm 02/03/2021 (20 minute delay) ?
(live)
Last
$3.12
  Change
-0.040 ( 0.83 %)
Open High Low Volume
$3.17 $3.18 $3.11 18992862
Last updated 15.59pm 02/03/2021 (live) ?
TLS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.