Telstra to acquire Globecast Australia
March 18, 2015
Telstra is set to acquire Globecast Australia, a provider of media services for broadcasters in Australasia. The acquisition is subject to ACCC review prior to completion.
Telstra Group Managing Director Global Sales, Martijn Blanken, said the acquisition would deliver on Global Enterprise and Services’ strategy of developing deeper capabilities in media services for our customers in the broadcasting industry.
“Our broadcasting customers increasingly require live distribution of content from a diverse range of global content providers. Globecast Australia has a distinctive reputation for the delivery of media services, primarily over satellite platforms. Its strong linkages between its domestic networking capabilities and international points of media connectivity fit with our strategy of providing global media networking capabilities,” Blanken commented.
Globecast Australia also provides DTH satellite transmission and IPTV managed services, IP streaming and encoding, Global Satellite Monitoring and Disaster Recovery.