OpenTV To Provide Interactive Service Suite To Australia’s Foxtel
By Staff Writer | January 22, 2004
OpenTV [Nasdaq: OPTV] has signed a definitive agreement to provide Australian satellite and cable TV provider Foxtel with middleware technology and interactive applications that will be integrated into the Foxtel digital product offering. OpenTV has licensed its products and software to Foxtel under the arrangement, and also expects to provide related support services through the life of the agreement.
Foxtel, a joint venture of Telstra Corp. [NYSE: TLS], News Corp [NYSE: NWS] and Publishing and Broadcasting Ltd., has invested A$600 million (US$467 million) in upgrading its digital technology to enable the delivery of new channels, programming, digital picture and sound, as well as interactive and enhanced services.