Overview
Foxtel is an Australian pay television company—operating in cable television, direct broadcast satellite television, and IPTV streaming services. It was formed in April 2018, superseding an earlier company from 1995. The service was established as a 50/50 joint venture between News Corporation (now the present day News Corp; through News Limited, now News Corp Australia) and Telstra, with News Corp and Telstra holding 65% and 35% ownership shares respectively.
It shares many features with the Sky service in the UK and Ireland — including the iQ box, the electronic programme guide, a similar remote control, and Red Button Active.
History
In 1995, a venture between News Corporation (in particular 20th Century Fox Media) and Telstra took place whereby Telstra would transmit a TV signal through its coaxial network and News Corporation would be the basis for offering channel negotiations and connections. Foxtel was formed ("Fox" representing News Corporation's Fox and "Tel" representing Telstra). On 23 October 1995, Foxtel commenced a 20 channel service, delivered over the Telstra Hybrid Fibre Coaxial network.
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