Dec 23 (Reuters) - Australian telecom firm Telstra ( TTRAF )

said on Monday it had sold a 35% stake in Australian

cable TV and streaming unit Foxtel to British streaming platform

DAZN.

The company will receive A$128 million ($80.08 million) in

cash for the repayment of shareholder loans and will hold a 3%

stake in DAZN.

The deal, subject to regulatory approvals, is expected to

finalise in the first half of 2025.

News Corp ( NWSA ) said on Monday it would sell its Foxtel

stake to DAZN for A$3.4 billion, including debt.

($1 = 1.5985 Australian dollars)