Utilize the input text as a context reference, choose the right relationship between Foxtel and Telstra from the options. Options: product/material produced, manufacturer, distributed by, industry, position held, original broadcaster, owned by, founded by, distribution format, headquarters location, stock exchange, currency, parent organization, chief executive officer, director/manager, owner of, operator, member of, employer, chairperson, platform, subsidiary, legal form, publisher, developer, brand, business division, location of formation, creator.

But News Corp would not want to lose its Foxtel partnership with Telstra given the importance to it of the bundling packages offered by the company.

Answer: owned_by