Brazilian operator Oi is building an IPTV platform based on the same technology as that used by minority shareholder Portugal Telecom for its own managed-network IPTV service ‘Meo’, according to reports in Portuguese business daily Diario Economico.
The report quotes Oi’s President Francisco Valim as saying during a recent investors’ day that his company is aiming to launch an IPTV service in the second half of this year, possibly as early as September, and has already started preparing for this by building out its fibre broadband network, which will reach 2.5mn Brazilian homes by 2015.
Senhor Valim reportedly wants to replicate the success that Portugal Telecom has enjoyed domestically (gaining a 33% share of the Portuguese pay-TV market), and has initiated an intense investment plan to modernise Oi’s fixed network in Brazil, with high-income neighbourhoods the initial target of its fibre buildout.
Oi’s President also revealed during the investors’ day that the company’s satellite TV service is still doing well in Brazil, and is currently gaining around 40,000 subscriptions per month.
Via Diário Económico