Telstra Corporation's (TLS) price demands have reportedly halted year-long talks between the telco and News Corporation to launch a Foxtel-branded broadband service, The Australian Financial Review reports.
According to the newspaper, Telstra has not been able to finalise how much it will charge for access because of the uncertainty surrounding its $11 billion national broadband network contract precipitated by the recent change of government.
The AFR reports Foxtel chief executive officer Richard Freudenstein has already drawn up a complete business plan for a mass-market broadband service, that would add internet and telephony to the existing pay television offering.
News Corporation and Telstra each own 50% of Foxtel.
News Limited is the owner of Eureka Report.