Thursday, April 23, 2009

Cantv in Venezuela to invest $400M in IPTV

TV Latam has posted an article saying that state owned Cantv in Venezuela will spend $400M on its IPTV system to reach 1.26 million subscribers using a system provided by ZTE. During the first trial stage of the project, Cantv will offer its service to 67.090 users who will have access to 140 channels.

Venezuela is taking a democratic approach and plans to offer a mass market service. This is a huge win for ZTE.

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