Goldstone Tech to launch IPTV services in Thailand

Hyderabad: Goldstone Technologies Ltd on Thursday announced that it has launched its Internet protocol television (IPTV) services for non-resident Indians in Thailand and is poised to shortly offer them in other markets.

For Thailand, Goldstone Technologies partnered with Synap Media & Infotech Co Ltd for IPTV services. Apart from Thailand, distribution agreements have been signed for France, Belgium and Spain in Western Europe, Morocco in North Africa and Malaysia. Similar agreements are in advanced stages in other countries.

The Chairman of Goldstone Technologies, Mr Nandan Kundetkar, in a statement said “the focus for the IPTV services in Thailand would be on the tourism and hospitality industry. The company has secured order for 3,000 Set Top Boxes and expects to sign up about 75,000 subscribers.”

“IPTV services will be a key growth driver for Goldstone Technologies in the years ahead and we are hoping to launch commercial services of our offering in 10 countries by June this year,” Mr Kundetkar added.

Operations:

Goldstone Technologies has its network operating centre in Taiwan and currently offers live streaming of 20 TV channels, along with movies in Hindi, English and several Indian regional languages. The focus is to offer services to the Indian diaspora.

The Goldstone IPTV services project is underway in India, in association with Bharat Sanchar Nigam Ltd. This is to be offered over its broadband network.

This network provides live channels, video-on-demand and other value-added services on a public network directly to TV. These triple-play services are offered under the brand name TV Origin.