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TELSTRA GROUP LIMITED — M&A Activity 2012
Apr 4, 2012
65927_rns_2012-04-04_7a014091-ca9e-4270-9785-e12177b2b331.pdf
M&A Activity
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5 April 2012
Company Announcements Office Australian Securities Exchange Limited Exchange Centre 20 Bridge Street Sydney NSW 2000
Dear Sir or Madam
AUSTAR UNITED COMMUNICATIONS LIMITED (ASX: AUN):
Please find attached an announcement from AUSTAR noting the ACCC’s proposed decision date on the proposed FOXTEL transaction.
Yours faithfully
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Deanne Weir Company Secretary
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Media Release
5 April 2012
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AUSTAR NOTES ACCC PROPOSED ANNOUNCEMENT DATE
AUSTAR United Communications Limited (ASX: AUN) ( AUSTAR ) notes the update to the Australian Competition and Consumer Commission’s ( ACCC ) website that it proposes to announce its decision on the proposed acquisition of AUSTAR by FOXTEL Management Pty Limited ( FOXTEL ) on the 10[th] of April 2012.
ENDS
Media Contacts:
Deanne Weir Rebecca Tabakoff M 0402 865 300 M 0419 229 878 E [email protected] E [email protected]
Austar United Communications (AUSTAR)
www.austarunited.com.au
AUSTAR (Australian Stock Exchange “AUN”) is a leading provider of subscription television services in regional and rural Australia, with more than 750,000 customers enjoying satellite digital television services. AUSTAR is also a significant provider of programming in the Australian television market through its 50% owned joint venture, XYZnetworks, which owns and/or distributes Nickelodeon, Nick Jr, Discovery Channel, Channel [V], [V]Hits, MAX, Arena, The Lifestyle Channel, Lifestyle Food, LifeStyle You, Country Music Channel and The Weather Channel. Liberty Global, Inc., the largest international broadband cable operator in terms of subscribers, holds an indirect controlling stake in AUSTAR.
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