Telstra escalates platform wars with $50m Fetch TV bet

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Telstra escalates platform wars with $50m Fetch TV bet
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Telstra will start replacing its Telstra TV customers’ set-top boxes with ones from Fetch, creating a 1.3 million-strong streaming aggregation player.

But Telstra’s 35 per cent stake in Foxtel means Foxtel will be competing with a bigger Fetch., relaunching streaming platform Fetch to replace Telstra TV for its 700,000 users., which combines multiple streaming services and channels into one home screen for televisions.Over the next year, the telco will reach out to its Telstra TV customers to move them onto a Fetch device instead. Telstra TV has previously operated on a platform provided by US firm Roku.

“With Telstra on board, we are now well positioned to expand our content partnerships, and to invest to win in adjacent markets such as TV operating systems.” “We are excited to be able to offer customers the most feature packed and innovative streaming platform in the country,” he said in a statement.

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