Foxtel gains subscribers

Foxtel in Australia added 227,000 subscribers in a year, increasing its total to 2.85 million. Most of the growth came in the first six months of 2015, with a gain of 180,000 subscribers, supported by the Presto online service and the launch of the new iQ3 set-top box. Telstra is meanwhile preparing to launch Telstra TV, bringing together various streaming services on a Roku box.

Foxtel churn reduced by 1.6 percentage points to 10.9%, down from 12.5% in 2014 and 14.2% in 2013.

Australian telco Telstra owns half of Foxtel and resells its services. Foxtel from Telstra subscribers grew by 18.4% year on year to 623,000, or just over a fifth of the Foxtel installed base.