BSA Ltd Locks in Foxtel Sole Supplier Deal to 2029 With Options to 2031
BSA secures two-year Foxtel contract extension, maintaining its sole-supplier status
BSA Limited (ASX: BSA) has executed a two-year extension to its Foxtel contract, with the agreement now running until October 2029, leaving more than three years remaining on the deal.
Foxtel also retains two additional one-year extension options, which could carry the relationship through to October 2031. BSA remains Foxtel’s sole national supplier, delivering 100% of its commercial project work.
For investors, the extension reinforces revenue visibility from a foundational customer relationship, securing a long-standing partnership well into the latter half of the decade.
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A 33-year partnership built on sole-supplier status
The relationship between the two companies stretches back to 1998, when BSA began providing residential and commercial satellite installation and maintenance services to Foxtel customers. This latest extension will see the partnership continue into its 33rd year.
BSA currently serves as Foxtel’s sole national supplier, delivering 100% of its commercial project work, a status that underpins the durability of the arrangement.
Key facts of the relationship include:
- Relationship commenced: 1998
- Current extension term: two years
- Contract now runs until: October 2029
- Extension options held by Foxtel: two × one-year, potentially to October 2031
- BSA’s role: sole national supplier — 100% of commercial project work
Sasho Kacevski, Chief Executive Officer of BSA
“Foxtel and BSA continue to maintain a strong strategic partnership, working collaboratively to deliver outstanding outcomes for Foxtel’s customers. This contract extension reinforces the strength and longevity of our long-standing relationship.”
Why contract extensions matter for a services business like BSA
For a contracted services company, long-term agreements with major customers underpin recurring revenue and earnings visibility. These arrangements provide a predictable base of work that supports forward planning and operational stability.
Sole-supplier status carries particular value. By holding 100% of Foxtel’s commercial project work, BSA reduces the risk of competitive displacement and gains clearer sight of future workflow.
Tied to the news, a contract extended into 2029, with options potentially reaching 2031, gives investors a more defined line of sight on one of BSA’s foundational revenue relationships.
| Fact | Investor Significance |
|---|---|
| Sole national supplier | Limited competitive displacement risk |
| 100% of commercial project work | Concentrated, defined scope of work |
| Term to Oct 2029 + options to Oct 2031 | Multi-year revenue visibility |
| Relationship since 1998 (33rd year) | Demonstrated retention and trust |
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BSA’s broader business and what comes next
Beyond Foxtel, BSA is an Australian-owned and operated ASX-listed company with over 25 years’ experience across multiple service verticals. It provides services to Australia’s household brands, including Foxtel and Telstra.
The company’s service segments span:
- Fixed-line and wireless Telco services
- Smart metering services
- Premium EV charging solutions
The Foxtel extension reinforces one pillar of a diversified Telco, Smart Energy and EV services platform. Looking ahead, the agreement secures a key relationship while BSA continues building out its Smart Energy and EV verticals across the Australian market.
The extension was authorised for release by the Board of Directors.
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