Concurrent announced that it has reached agreements for
next generation video-on-demand (VOD) solutions with four leading cable
television operators in China.
Concurrent is providing VOD solutions to
Jiangsu CATV, Jilin CATV, Mudianjiang CATV, and Xizhou CATV, whose combined
subscriber base represents more than 25 million households. Concurrent, with
operations in Beijing, is providing VOD
systems and associated services with China-based Potevio, a state-owned
equipment manufacturer and network integration services provider.
“China is rapidly becoming a growth engine for
Concurrent. These new agreements illustrate that we are successfully executing
against our strategy of focusing on high growth international markets to expand
our global customer base,” said Dan Mondor, president and chief executive officer,
Concurrent.
Our decision to partner with Potevio in mainland China
is paying dividends, and together we are taking the leadership position in
video and media data solutions in this explosive market,” Dan added.
Jiangsu Broadcasting and Television Network (Jiangsu
CATV) is China’s largest conglomeration of cable multiple system operators
(MSOs) with approximately 20 million subscribers, and Jilin CATV is a top 10
cable provider with nearly 4 million subscribers, both provincial-level
operators. Mudianjiang CATV and Xizhou CATV are city-level cable operators.
By Telecomlead.com Team
editor@telecomlead.com
