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New Video Solution Enables Operators to Achieve New Revenue Streams by Making TV Service Part of their Core offering
Dubai – During its participation at the TV Connect MENA conference and exhibition being held on October 31-November 1 at the Westin Dubai Mina Seyahi, Huawei, a leading global ICT solutions provider, showcased its Much TV solution, a video ecosystem that enables streaming of TV content through Huawei’s video cloud.
Much TV has already been rolled out by five telecom operators across the Middle East and is expected to reach over 3 million users by year’s end, and a forecast user base of 8 million by end of 2017. The plug & play solution enables telecom operators across the region to launch TV platforms quickly and at a low risk.
“Video consumption across the world has changed drastically, with users consuming more and more TV content online. The MENA region ranked second globally in YouTube viewership with daily views of over 310 million videos[i]. It is no surprise that telecom operators are increasingly launching internet-based TV services to keep up with this growing demand,” said Wang Bin, Chief Expert of Huawei Middle East Video Service and keynote speaker at Connect TV MENA. “As part of its new video strategy, Huawei is collaborating with industry players across the region to help them achieve new revenue streams by providing TV services as part of their core offering. End-user will enjoy an unparalleled TV viewing experience that allows them to watch their favorite shows on-demand which is possible thanks to Huawei’s video cloud ecosystem.”
In September, Huawei released its video strategy for telecom carriers at the Ultra-Broadband Forum 2016 in Frankfurt, Germany. The Company reaffirmed its commitment to help operators achieve business success in the video industry by positioning video as a basic service.
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About
Huawei is a leading global information and communications technology (ICT) solutions provider. Our aim is to enrich life and improve efficiency through a better connected world, acting as a responsible corporate citizen, innovative enabler for the information society, and collaborative contributor to the industry. Driven by customer-centric innovation and open partnerships, Huawei has established an end-to-end ICT solutions portfolio that gives customers competitive advantages in telecom and enterprise networks, devices and cloud computing. Huawei's 170,000 employees worldwide are committed to creating maximum value for telecom operators, enterprises, and consumers. Our innovative ICT solutions, products, and services are used in more than 170 countries and regions, serving over one-third of the world's population. Founded in 1987, Huawei is a private company fully owned by its employees.
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[i] http://www.albawaba.com/business/youtube-10-years-old-mena-ranks-second-worldwide-video-views-711134
© Press Release 2016
