PCCW’s OTT service adds additional investors | Digital TV News

PCCW Media (SEHK:0008) is introducing Hony Capital (Hony), Foxconn Ventures (Foxconn) and Temasek as investors of PCCW International OTT (Cayman Islands) Holdings Limited (PCCW OTT).This strategic investment will strengthen PCCW OTT’s ability to enhance its core value proposition of relevant content including distinctive original productions, and to continue to deploy the latest technologies and leverage its patents in video streaming and encoding to offer the best customer experience. As a rapidly expanding business, PCCW OTT aims to increase its penetration within the existing markets where it has made significant inroads as well as to expand its footprint in other high-growth markets.

Source: PCCW’s OTT service adds additional investors | Digital TV News

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