SK Telecom (formerly Hanaro Telecom) lost 36,184 in 3Q08, leaving it with 768,625 subscribers at the end of the quarter. This was on top of losing another 77,547 subscribers in 2Q08. SK Telecom offers a video on demand service and is expected to offer a broadcast service in the next few month. Its revenue for the service was $15 million U.S. during the quarter.
The company lost 21,485 broadband subscribers in 3Q08 leaving it with a total of 3.44 million broadband subscribers. This is on top of a loss of 160,599 broadband subscribers in 2Q08. It has not added broadband subscribers since 3Q07.
SK Telecom has been hit with a significant shrinkage of its broadband business since it acquired Hanaro. Its loss of IPTV subscribers is a reflection of this trend.
Showing posts with label Hanaro. Show all posts
Showing posts with label Hanaro. Show all posts
Monday, November 17, 2008
Friday, April 25, 2008
KT has 567K IPTV Subscribers
Korea Telecom ended March 2008 with 567,230 IPTV subscribers, which is an increase of 528,465 since the end of March 2007. Its broadband service grew by 177,446 subscribers from March 2007 to March 2008 ending with a total of 6,627,175 subscribers.
Also, a Hanaro spokesman stated that it now has 680 thousand IPTV subscribers.
KT's IPTV service grew rapidly in the last 12 months. It appears that this accelerating rate of growth should continue over the next 12 months.
One reader of this blog confirmed that KT's and Hanaro's services are Telco IPTV services. I am more comfortable about this statement relative to KT than Hanaro at this point, but my mind is open. I would appreciate more comments from readers on the scene.
Also, a Hanaro spokesman stated that it now has 680 thousand IPTV subscribers.
KT's IPTV service grew rapidly in the last 12 months. It appears that this accelerating rate of growth should continue over the next 12 months.
One reader of this blog confirmed that KT's and Hanaro's services are Telco IPTV services. I am more comfortable about this statement relative to KT than Hanaro at this point, but my mind is open. I would appreciate more comments from readers on the scene.
Saturday, March 29, 2008
Korean Providers to Invest $15.8B in IPTV In 2008
The Broadcasting and Communications Commission in Korea stated that telecom firms there are to invest around $15.8 billion on IPTV services in 2008.
KT, the dominant telephone and broadband Internet service provider, alone plans to spend $13 billion, and LG Dacom and Hanarotelecom plan to spend $1.475 billion and $1.23 billion, respectively.
According to the report from the commission, the firms have said that they will spend $10.6 billion won on improving networks, $1.14 billion on platforms, $2.23 billion on set-top boxes and another $1.8 billion on purchasing content.
The Electronics and Telecommunications Research Institute estimates IPTV will be a $5.4 billion market this year, meaning it will take a few years for the firms to start making any profits. Government agencies expect IPTV subscribers to reach 2 million this year and grow to 3.3 million by 2012.
According to the report from the commission, the firms have said that they will spend 1.06 trillion won on improving networks, 113.7 billion won on platforms, 223 billion won on set-top boxes and another 180 billion won on purchasing content. The Electronics and Telecommunications Research Institute estimates IPTV will be a 540-billion won market this year, meaning it will take a few years for the firms to start making any profits. Government agencies expect IPTV subscribers to reach 2 million this year and grow to 3.3 million by 2012.
It looks like IPTV will have a big year in Korea in 2008. I am still a bit confused about which of these services are Internet over the top and which are typical walled garden Telco IPTV services. I would appreciate clarification from anybody on the scene.
KT, the dominant telephone and broadband Internet service provider, alone plans to spend $13 billion, and LG Dacom and Hanarotelecom plan to spend $1.475 billion and $1.23 billion, respectively.
According to the report from the commission, the firms have said that they will spend $10.6 billion won on improving networks, $1.14 billion on platforms, $2.23 billion on set-top boxes and another $1.8 billion on purchasing content.
The Electronics and Telecommunications Research Institute estimates IPTV will be a $5.4 billion market this year, meaning it will take a few years for the firms to start making any profits. Government agencies expect IPTV subscribers to reach 2 million this year and grow to 3.3 million by 2012.
According to the report from the commission, the firms have said that they will spend 1.06 trillion won on improving networks, 113.7 billion won on platforms, 223 billion won on set-top boxes and another 180 billion won on purchasing content. The Electronics and Telecommunications Research Institute estimates IPTV will be a 540-billion won market this year, meaning it will take a few years for the firms to start making any profits. Government agencies expect IPTV subscribers to reach 2 million this year and grow to 3.3 million by 2012.
It looks like IPTV will have a big year in Korea in 2008. I am still a bit confused about which of these services are Internet over the top and which are typical walled garden Telco IPTV services. I would appreciate clarification from anybody on the scene.
Monday, January 21, 2008
Korean NPVR Charges
The broadcasters have required Korea Telecom and Hanaro Telecom to charge 900 wan ($.50 US) within the first week after they are originally broadcast. After that they are available for no charge. To make this more palatable to viewers in Korea, the telecom companies are offering 300 bonus points for each chargeable program watched as a form of rebate.
NPVR is a big issue between the broadcasters and the Telco IPTV services. NPVR is making progress in Europe but has been stalled by the broadcasters in the U.S. This is the first per view charging scheme that I have seen. This is a onerous approach that is likely to generate consumer resistance. A reasonable monthly subscription fee for unlimited access is likely to be a better approach if it is necessary to charge for the service.
NPVR is a big issue between the broadcasters and the Telco IPTV services. NPVR is making progress in Europe but has been stalled by the broadcasters in the U.S. This is the first per view charging scheme that I have seen. This is a onerous approach that is likely to generate consumer resistance. A reasonable monthly subscription fee for unlimited access is likely to be a better approach if it is necessary to charge for the service.
Monday, August 20, 2007
Hanaro's HanaTV Success
I found an interesting article about Hanaro's HanaTV service in Korea. HanaTV is an over the top Internet Subscription Video On Demand (SVOD) service that now has more than 500 thousand subscribers. Hanaro's content strategy of acquiring On Demand content from the broadcasters in Korea in order to get content that is ready for the Korean market without further preparation.
This is probably the most successful Internet TV service that delivers content to TVs rather than to PCs. This service is certainly helped by the high speed broadband connections that are available in Korea compared to the rest of the world.
I have written a report called "The Battle for Broadband TV" that discusses the issues of TelcoTV vs. Internet TV. There is a free whitepaper available summarizing the results in this report.
This is probably the most successful Internet TV service that delivers content to TVs rather than to PCs. This service is certainly helped by the high speed broadband connections that are available in Korea compared to the rest of the world.
I have written a report called "The Battle for Broadband TV" that discusses the issues of TelcoTV vs. Internet TV. There is a free whitepaper available summarizing the results in this report.
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