Foxtelis an Australian pay television company—operating in cable television, direct broadcast satellite television, and IPTV streaming services. It was formed in April 2018, superseding an earlier company from 1995. The name 'FOXTEL' is a blend of News Corporation's 'Fox' Broadcasting and 'Tel' from Telstra. The name signifies a joint venture established between News Corporation (now the present day News Corp; through News Limited, now News Corp Australia) and Telstra, with News Corp being the 65% and Telstra the 35% shareholders respectively.