VSNL - Tata Indicom & Thomson partner to develop media & entertainment activities

MUMBAI: Videsh Sanchar Nigam Ltd (VSNL) has entered into a partnership with Thompson to jointly explore opportunities, to provide new technologies to the Indian media and entertainment market.

The companies will explore new opportunities in managing and delivering content for third parties including broadcasters and content providers, aiming to offer leading edge solutions to the Company's Media & Entertainment customers in India. Similarly, Thomson believes opportunities will open up for its Grass Valley broadcast and network activity and its Technicolor business, which provide services to media content creators and distributors, says an announcement posted on the Bombay Stock Exchange (BSE) website.

The partnership will help Thomson to gain a foothold in the Indian market and will leverage the reputation of the House of Tatas, the brand recognition of 'Tata Indicom and the Company's expertise and presence to grow its broadcast, network and telecom activities. The move is in line with Thomson's two-Year Plan to grow revenues by  1.5 -  2 billion by the end of 2006 and to broaden the Group's Media & Entertainment client base, notably in Asia, the posting further adds.

In addition, Thomson and the Company will explore development of end-to-end solutions for network operators, such as optimised satellite transmission as well as content management and distribution solutions like digital cinema, based on Thomson's world-leading position in solutions and access products.

"The Media and Entertainment sector in India has seen unprecedented growth in the recent past primarily due to the increasing appetite of the Indian consumer, the potential for which is growing by the day. It is therefore a challenging task for service providers like us to provide state-of-the-art solutions which facilitate opportunities/or growth for our Media and Entertainment Customers from this sector ," said VSNL operations director N. Srinath.


Latest Reads

Yahoo to shut messenger app after 20 years

Yahoo Messenger, the messaging app, is finally shutting down for good.The app, which was acquired by Verizon in 2017, is shutting down on 17 July. The company didn't give any explanation for shutting its messenger. Yahoo Messenger users will now be directed to invite-based Yahoo Squirrel service...

iWorld Social Media
Zenith report says online video viewing to cross 1 hour a day

Consumers across the globe are becoming increasingly engaged with online videos. Zenith’s Online Video Forecasts 2018 reveals global consumers will spend watching online videos more than one hour on average this year. From 2017’s 56 minutes, the average will go up to 67 minutes.

iWorld Over The Top Services
Netflix shares sink after it misses Q2 subscriber growth expectations

Making some analysts’ prediction true, Netflix could not live up to its second-quarter earnings expectations. The streaming video giant added 5.15 million subscribers worldwide compared to the expectation of 6.2 million new subscribers. Following the result, the company’s stock fell down 14 per...

iWorld Over The Top Services
TRAI releases recommendations for privacy & protection of consumer data

The Telecom Regulatory Authority of India (TRAI) has come out with its recommendations on ‘Privacy, security and ownership of data in the telecom sector’.

iWorld Telecom
Indian YouTube kids channels gain momentum

Technology has redefined entertainment for kids across the world. As more kids get hooked to mobiles and tablets, the business of kids content on YouTube thrives more. With hundreds of channels entering the sector every year, this category is expanding as well as giving more scope of monetisation...

iWorld Social Media
Eros Now, Xiaomi Mi TV enter into distribution partnership

Eros International has announced that Eros Now, its cutting edge digital over-the-top (OTT) South Asian entertainment platform, has entered into a strategic distribution partnership with Xiaomi, India’s smartphone brand for its smart Mi LED TVs.

iWorld Over The Top Services
ZEE5 unveils exclusive never before offers with their biggest show Karenjit Kaur going live

ZEE5, India’s largest and most comprehensive digital entertainment platform for language content, is all set to make this week even more exciting for you

iWorld Over The Top Services
Analysts express mixed views on Netflix Q2 growth

Given the ferocity of Netflix's growth, a Forbes report had predicted its impressive Q1 2018 result to continue in Q2 as well. In first quarter 2018, Netflix exceeded user addition forecasts along with a 43 per cent year over year growth. Forbes predicted growth in revenue and subscribers in Q2...

iWorld Over The Top Services
Hotstar and the art of managing traffic spikes

Ajit Mohan sits back in his chair on the 26 floor of Urmi Estate in Mumbai his chest swelling with pride as he reads what he has just posted on LinkedIn.

iWorld Over The Top Services

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories