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Toshiba to cease mobile digital satellite broadcasting

Indiantelevision.com Team

(29 July 2008 9:00 pm)

MUMBAI: Toshiba Corporation has decided to cease the mobile digital satellite broadcasting services at the end of March next year.

Toshiba has been offering the services for specialised mobile equipment via its Mobile Broadcasting Corp. unit since October 2004. However, the paid services have not gained sufficient subscribers in part because of growing demand for free broadcasting services targeting mobile handsets.

“The number of subscribers has not reached a sufficient level to sustain operations and, following a thorough review of operations, the company has decided to cease broadcasting,” says a company release.

Toshiba expects the termination to leave the company with a loss of $233 million for the year ending next March.