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Foxtel is an Australian pay television company, operating in cable television, direct broadcast satellite television, and IPTV catch-up services. It was formed in 1995 through a joint venture established between News Corporation (now News Corp; through News Limited, now News Corp Australia) (FOX) and Telstra (TEL). With Fox being the 65% and Telstra the 35% shareholders. It shares many features with the Sky service in the United Kingdom, including iQ, the electronic program guide, a similar remote control, and Red Button Active.