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Optus Vision
Optus Television is the cable television division of Australian telecommunications company Optus. History Its immediate predecessor was Optus Vision, a joint venture between Optus and Continental Cablevision, with small shareholdings by media companies Publishing & Broadcasting Limited and Seven Network. It was founded to handle residential cable television and local telephony, while its parent concentrated on corporate, long-distance, satellite and interstate communications. It used a hybrid fibre coaxial cable network to connect homes to its network, and subsequently added broadband cable internet access. Optus Vision used the Optus telecommunications licence as its authority to build a cable network, which it deployed in Sydney, Melbourne and Brisbane. Optus's main competition, especially in the metropolitan areas, was Foxtel, a joint venture between Telstra and News Corporation. Optus negotiated exclusive access to AFL, rugby league, and other sports, and had exclusive a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Division (organisation)
A division, sometimes called a business sector or business unit (segment), is one of the parts into which a business, organization or company is divided. Overview Divisions are distinct parts of a business. If these divisions are all part of the same company, then that company is legally responsible for all of the obligations and debts of the divisions. In the banking industry, an example would be East West Bancorp and its primary subsidiary, East West Bank. Legal responsibility Subsidiaries are separate, distinct legal entities for the purposes of taxation, regulation and liability. For this reason, they differ from divisions, which are businesses fully integrated within the main company, and not legally or otherwise distinct from it. The ''Houston Chronicle'' highlighted that the creation of a division "is substantially easier than developing subsidiaries. Because a division is an internal segment of a company, not an entirely separate entity, business owners create and e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |