Telstra agrees A$50m deal for majority ownership of IPTV provider Fetch TV

(Photo by Michael Dodge/Getty Images)
(Photo by Michael Dodge/Getty Images)

Australian telecoms operator Telstra has reached an agreement to acquire a 51-per-cent stake in IPTV provider Fetch TV for A$50m ($35.4m/€33.8m) as part of plans to improve its underlying technology.

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