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Goldstone launches commercial IPTV in Thailand
Goldstone Technologies, a software service company based in Hyderabad, has launched commercial IPTV operations in Thailand in partnership with Synap Media & Infotech Co Ltd.
The focus for the IPTV services in Thailand will be on tourism and the hospitality industry to leverage the growing travel by Indians to the country. With its network operating centre in Taiwan, Goldstone broadcasts 20 television channels, together with movies in Hindi, English and several regional languages through the Internet and has its network operating centre in Thailand.
The company has an order for 3,000 set top boxes to be supplied to subscribers in Thailand over the next four months. Goldstone is expecting to sign up about 75,000 subscribers in the first full year of operations of its IPTV services, including those from its operations in Thailand.
Apart from Thailand, distribution agreements have been signed for France, Belgium and Spain in Western Europe, Morocco in North Africa and Malaysia in Asia. Similar agreements are in advanced stages of negotiations in Israel, Australia, New Zealand, the Philippines, Singapore, Japan, the Netherlands and the UK.
Synap is a group focussed on having strong presence in the hospitality industry in Thailand. Goldstone offers IPTV services in India with state-owned Bharat Sanchar Nigam Ltd.
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