In a statement on Monday, the company said it owned and operated the largest fleet of spacecraft in Australia and New Zealand, with five satellites in geostationary orbit to service its broadcast, corporate, and government customers.
Optus Satellite said the contract extension, along with efficiencies agreed with Foxtel, reaffirmed Optus Satellite's leading position in the ANZ satellite market.
Optus managing director, Wholesale, Satellite and Strategy, Ben White, said: "As we look to the future of the satellite business, this expanded services agreement builds on our legacy of delivering world-class satellite services and further strengthens Optus' position as Australia and New Zealand's leading provider of satellite services."
"Our collaboration provides resilience for existing services and an opportunity for future expansion as Australians continue to embrace 4K viewing and see 8K video on the horizon," said White.
"This commitment provides Foxtel a proven and reliable platform for the delivery of high-quality video images watched on the large screens in homes and other venues over the next 11 years.
"We are pleased to continue our multi-layered relationship with Foxtel into the next decade and to demonstrate that satellite remains one of the best ways for Foxtel to provide a rich viewing experience to their customers.
"Optus is proud of the role we play to connect millions of viewers with Foxtel's essential content, and we look forward to continuing to grow our long-term relationship."