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The New Daily
The New Daily
Entertainment
Sezen Bakan

Telstra committed to building streaming services with Fetch TV buy

Telstra is folding in a streaming-service hardware provider into its offerings. Photo: TND/Getty

Telstra has reinforced its commitment to becoming a subscription television provider after taking a majority stake in set-top box company, Fetch TV.

The telecommunication giant finalised a deal on Wednesday that will buy a 51.4 per cent stake in Fetch TV for about $50 million, including the provision for transferring Telstra TV customers to Fetch.

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