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  • Telstra rejects calls for it to sell stake in Foxtel

    Telstra today rejected calls by the OECD for it to sell its shareholding in pay TV group Foxtel because it was hindering competition. A major report by the OECD released today criticised Telstra for owning a 50 per cent stake in Foxtel as well as its cable TV distribution network, saying it had virtually put the lid on competition in the sector.

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