Austar Maybe Taken Over By Foxtel!
#51
Posted 06 June 2011 - 09:41 AM
Pretty much every Austar customer (apart from those in QLD) will not be able to receive FTA if they switched to a Foxtel box, because there is no regional channels either.
I live in SA and would actually choose Austar over Foxtel if I had the choice for the simple fact that I can record FTA (via my arial), and all the Foxtel stuff works like Series Link for FTA. I dont want to fork out for another PVR, its nice having everything on one box, less power, less switching HDMI channels, etc.
Its the one thing Austar have done right, putting DVB-T tuners in, and letting people hook there normal antennas up to it.
#52
Posted 06 June 2011 - 03:53 PM
killer1500, on Jun 6 2011, 07:41 AM, said:
#53
Posted 30 June 2011 - 03:52 PM
Quote
http://www.businesss...f...ent&src=sph
#54
Posted 11 July 2011 - 10:13 PM
Austar said in a statement the proposed deal, which had the backing of majority shareholder Liberty Global Inc. (LBTYA), would result in its shareholders receiving A$1.52 per share. The takeover will be conducted through a series of transactions and a scheme of arrangement.
Foxtel made its bid for Austar in May and the companies and Liberty Global have been in discussions on the terms of the takeover since that time.
The statement said Austar's independent directors recommended minority shareholders vote in favor of the scheme in the absence of a superior offer and subject to an independent expert concluding that the takeover is in the best interests of shareholders.
"We look forward to completing the transaction and believe it represents compelling value for all shareholders," Austar Chairman and Liberty Global Chief Executive Mike Fries said in a statement.
The takeover is subject to conditions including approval by shareholders, the Australian Competition and Consumer Commission, the Foreign Investment Review Board and rulings by the U.S. Internal Revenue Service.
Shareholder meetings to vote on the takeover are yet to be scheduled but Austar said the transaction is expected to be concluded in either December or early 2012.
Foxtel, which is 50% owned by Telstra Corp. (TLS.AU) and 25% each by News Corp. (NWS) and Consolidated Media Holdings Ltd. (CMJ.AU), said in a statement the takeover would result in the creation of one of Australia's largest media companies with anticipated annual revenue of more than A$2.8 billion.
"A merged Foxtel and Austar would make compelling strategic sense and it would continue to invest and innovate in a superb digital service for consumers across Australia," Foxtel Chief Executive Kim Williams said.
Foxtel says it is connected to more than 1.6 million homes while Austar said in its first quarter results it had 755,641 subscribers at March 31.
Consolidated Media said in a statement it would fund its contribution of up to A$225 million for the takeover deal through a newly arranged underwritten debt facility.
Foxtel said the takeover would be funded by a combination of Foxtel bank debt and shareholder capital contributions in the form of subordinated shareholder notes. Foxtel had secured committed debt funding from Australia and New Zealand Banking Group Ltd., Commonwealth Bank of Australia, National Australia Bank Ltd. and Westpac Banking Corp.
#55
Posted 12 July 2011 - 09:06 AM
http://www.news.com....r-1226092799201
#56
Posted 17 July 2011 - 05:38 PM
#57
Posted 17 July 2011 - 05:45 PM
Smacca, on Jun 6 2011, 03:53 PM, said:
Didn't know you couldn't plug your aerial into the iQ,I love the fact that all my FTA channels run through my Austar box.
#58
Posted 17 July 2011 - 06:37 PM
boogie, on Jul 17 2011, 05:45 PM, said:
But trying to explain how an IQ box performs to Austar customers is like trying to explain the visual world to people that are blind. Austar has kept you in the dark for far too long.
#60
Posted 18 July 2011 - 02:00 AM
Foxtel needs to make the next generation boxes with HD terrestrial tuners included.
#61
Posted 18 July 2011 - 08:23 PM
#62
Posted 18 July 2011 - 08:29 PM
#63
Posted 22 July 2011 - 05:46 PM
Foxtel: We have competition too
Edited by duke, 22 July 2011 - 05:46 PM.
#66
Posted 22 July 2011 - 07:42 PM
Smacca, on Jul 22 2011, 07:22 PM, said:
#67
Posted 25 July 2011 - 03:15 PM
davmel, on Jul 17 2011, 06:37 PM, said:
But trying to explain how an IQ box performs to Austar customers is like trying to explain the visual world to people that are blind. Austar has kept you in the dark for far too long.
My austar HD box had a few issues initially with locking up but I've think I've had to reset it twice in the last 8-10 months.
It updates the guide at 2 am each morning,if you are watching you can ignore and continue viewing.
It works fine and I am well aware of the IQ,hardly in the dark
Cheers.
#68
Posted 22 August 2011 - 04:02 PM
Anyway, I can make informed and direct comparisons between IQ2 and Mystar HD - generally they each have good and bad points. Foxtel has the on demand system which is something I really miss. But Mystar has some neat programming in its box ( love the ability to extend a recoding by 5 minute increments ) and overall works fine. FTA integration is "unusual" ( why the Blue Mountains would be in the Sth Coast region i have no idea ) but it works so no complaints. Austar customer support was really good - teh FTA channels were not programmed in on one box and they fixed that quickly with only one phone call.
Pricing and packaging seems reasonably close - Austar a touch more expensive.
Overall if Fox eats Austar I dont expect any major changes. I dont know what the ACCC are considering as I really dont see there is true competition anyway.
My 5 cents for what its worth :-)
#69
Posted 22 August 2011 - 04:19 PM
Erina, on Aug 22 2011, 04:02 PM, said:
Its this future potential competition that the ACCC is concerned about.
Disclaimer: The author of this posts has some Austar shares and would really like it if the ACCC let the deal go through...
Regards
Peter Gillespie
#70
Posted 22 August 2011 - 04:40 PM
pgdownload, on Aug 22 2011, 04:19 PM, said:
They don't compete now (outside of the Gold Coast) either via sat or on the net (Foxtel XBox 360 isn't officially available in Austar areas), so 10 years won't make any difference. The NBN won't make any difference and the ACCC will again look like the daft idiots that they are if the NBN is scrapped in a few years time. It was the ACCC that stuffed up the NBN by increasing the number of POI's which will increase the cost to consumers, and they now have the audacity to claim the NBN will solve pay tv competition at some vague time in the future. Those ACCC boffins are smoking some seriously powerful drugs before gazing into their cloudy cracked crystal ball.
#71
Posted 22 August 2011 - 09:12 PM
davmel, on Aug 22 2011, 04:40 PM, said:
Regards
Peter Gillespie
#73
Posted 06 October 2011 - 04:02 PM
#74
Posted 10 October 2011 - 02:38 PM
#75
Posted 10 October 2011 - 02:47 PM
Regards
Peter Gillespie










