Australian incumbent Telstra is reportedly considering either an IPO or direct sale of its 50% stake in satellite pay-TV joint venture Foxtel in H2, with partner News Corp identified as a potential buyer. The telco would aim to raise some A$4.5bn (US$3.4bn) in an IPO, valuing Foxtel, the country’s monopoly DTH pay-TV provider, at A$9bn (US$6.9bn). Australian incumbent Telstra (ASX:TLS) is reportedly considering either […]