Streaming21 Announces Significant Growth in Chunghwa Telecom's IPTV ServicesApril 6th, 2006 - Streaming21, Inc., a leader in broadcast-quality media streaming solutions, today announced that the company has achieved significant growth in its Karaoke On Demand initiative for Chunghwa Telecom.
Chunghwa Telecom is the incumbent carrier in Taiwan that owns 95% access networks and 4 million broadband subscribers. CHT is also one of the world's largest IPTV service operators with over 120,000 subscribers. In October 2005, Streaming21 deployed the world's first commercial residential "Karaoke On Demand" service for the IPTV platform at Chunghwa Telecom. This service attracted approximately 50,000 active subscribers and reached over hundreds of thousand monthly average hits in the first 3 month time of deployment. In April 2006, the KOD users jumped to 40 percent of CHT's total IPTV users. At its recent growth rate, KOD subscriber penetration should break at least 50 percent by the second quarter of 2006. KOD will be the major revenue-generation application for CHT's IPTV services. "Thanks to the popularity of our 'Karaoke On Demand' service powered by Streaming21, we are currently experiencing significant IPTV subscriber growth. The success of this service puts us in an excellent position to capitalize on this industry trend," said Yifong Chang, Managing Director of Multimedia Dept. in Chunghwa Telecom Northern Division. He added, "iTV is another valuable addition to our growing portfolio of IPTV businesses. We believe that iTV has enormous potential to lead the market with high business values. We are looking forward to working with Streaming21 to create more growing phenomena of IPTV services together." "IPTV is the new frontier for telecom operators. All Telcos & broadband operators are expecting big payoffs from IPTV to justify their significant investments and capitalize on the IPTV market opportunity. CHT's "Karaoke On Demand" service represents one of the most exciting and successful stories in Asia's IPTV market, and serves as a great role model for other operators that expect to generate new revenue streams from IPTV services," said Dr. Joe Lin, President and CEO of Streaming21. For more information about Streaming21 please visit http://www.streaming21.com For more information about CHT, please visit http://www.cht.com.tw
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