ACCC does not oppose Telstra’s proposed acquisition of majority stake in Fetch TV

The ACCC has announced it will not oppose Telstra’s acquisition of a 51.4% stake of Media Innovations Holdings Pty Ltd (Fetch TV). In its assessment, the ACCC did not consider Fetch TV to be a critical or ‘must have’ aspect for Telstra’s retail broadband competitors, with the result that it did not consider the proposed transaction would lead to Telstra ‘foreclosing rival broadband providers’

View media release.

View merger register.

Plenty of related media. See, for example:

• Angus Jones, ‘What does Telstra’s purchase of Fetch mean for streaming TV?’ (GadgetGuy, 6 May 2022)

• Zoe Samios, ‘Telstra confirms Fetch TV investment in battle for living room dominance’ (SMY, 28 April 2022)