French broadcaster Canal+ could eventually invest $300-million in PCCW-owned streaming platform Viu.
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Canal+ has agreed to buy a significant minority stake in Hong Kong-listed PCCW’s Viu unit.
Billionaire Richard Li’s streaming business is on a roll, mulling a potential initial public offering after its platform Viu beat Netflix in subscribers in one of Asia’s most competitive markets.
Viu, owned by Hong Kong-headquartered telecommunications operator PCCW, joins Showmax, Vodacom Video Play, Cell C Black, Netflix, Amazon Prime Video and others vying for consumers’ attention.
Growing trade between Africa and Asia has prompted talk of a new subsea broadband cable along Africa’s eastern coastline, says Hong Kong ICT firm PCCW. Last week, PCCW said it along with Telkom, MTN Saudi Telecom Company and
Imagine downloading 5 000 movies per second over your Internet connection. Those are the ultimate speeds being promised by a new, multibillion-rand submarine cable system that is to be built to connect South Africa and East Africa to Asia and
Local telecommunications companies could regret spending around R1bn each on a new African broadband cable if the project goes ahead, says an expert. On Monday, Hong Kong ICT firm PCCW said Telkom, MTN, Saudi
Although Telkom has held preliminary discussions regarding Africa-1, the proposed new super cable to connect South Africa and East Africa…
Reports emerged on Monday that five telecommunications operators, including South Africa’s MTN and Telkom, have designs on a new, superfast submarine cable system connecting Africa
Telkom will have an agreement in place with a preferred video-on-demand (VOD) provider by early in the new year, according to group CEO Sipho Maseko. “We are making good progress,” he said