Sunday, May 10, 2015

CNS plans OTT investment

Taiwanese multi-system operator, China Network Systems (CNS), plans to invest in over-the-top (OTT) video content as it expects to complete its digitisation programme by the end- 2015.

According to reports, the company has made a cumulative investment of NTD 20 billion (USD 653 million) to NTD 30 billion (USD 979 million) and has digitised 80% of its cable TV networks.

CNS currently has oevr 1.28 million cable TV subscribers. The company plans to shift its business focus this year to OTT video service, for which it has been acquiring content based on licensing, shared revenue or other similar models.

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