Mar 07, 2012 (The Australian Financial Review - ABIX via COMTEX) --
Australian Competition & Consumer Commission chairman Rod Sims had to take a commercial approach to the takeover of Austar by Foxtel. The regulator was concerned about the alliance between pay TV company Foxtel and telco Telstra and changes to the market with the national broadband network. Its deal with Foxtel was based on commercial realities.
Publication Date: 8 March 2012
AUSTAR UNITED COMMUNICATIONS LIMITED - ASX AUN
TELSTRA CORPORATION LIMITED - ASX TLS
AUSTRALIAN COMPETITION AND CONSUMER COMMISSION
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METCASH LIMITED - ASX MTS