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Profile - Foxtel

Parent Company: Foxtel Group

Brand Value: $1,912 Mil.

Headquarter City: Sydney

Industry: Telecom Providers

Year Formed: 1995

Foxtel was formed as an equally-owned JV between News Corporation (News Corp) and Telstra where in Telstra transmitted TV signal through its coaxial network and News Corporation delivered programming and content. When Galaxy, a competing pay TV provider at the time, went insolvent in 1998, subscribers moved to Foxtel giving the company a significant boost. In the following year Foxtel introduced satellite services. Since then, Foxtel has emerged as the only market provider of direct broadcast satellite TV and is one of only two cable TV companies in Australia. Foxtel also provides mobile phone services through Telstra. Taking advantage of the many new mediums for digital reception, Foxtel can be streamed to Playstation, Apple TV, and many other devices. Revenues in 2017 were just under AU$3.2 billion and is ranked overall as the 113th of 2000 companies in Australia, though the strength of it brand has earned it a position in this BrandZ ranking report.