ITV

Tag: IOL

  • IOL Broadband, India selects MagnaQuest for IPTV

    IOL Broadband, India selects MagnaQuest for IPTV

    MUMBAI: MagnaQuest has announced that its Convergent Customer Management and Billing (CMB) solution, MQSubscribeT has been selected by IOL Broadband, India for its subscriber billing, inventory and customer care operations. This contract encompasses IOL’s service deployments on their own network and deployment of Content Delivery Network (CDN) for MTNL and BSNL.

    An official annoucement states, integrations with network elements for provisioning, rating and billing of multiple services delivered over IP. MQSubscribeT to be used to bill value added services like video on Demand, VoIP services over its IP network, apart from the billing of regular services.

     
    IOL has launched IPTV services including broadcast TV, video on demand, broadband Internet, as part of its CDN project with MTNL. IOL intends to launch such services in several cities in India. MagnaQuest would work on all IOL deployments in India.

    MQSubscribeT will support IOL’s projected subscriber growth and launch of new value added services. To start with MQSubscribeT would be deployed integrated with SeaChange’s Video on Demand middleware chosen by IOL, adds the release.

     
    MagnaQuest managing director Vijay Debbad said, “I am glad that we have bagged the first project in the emerging domain of IPTV. The specialized knowledge we gained over the experience of implementing solutions for Triple Play services including Video and Data and VoIP domains, has enabled us to get here. We look forward to a very long association with IOL Broadband.”

    MagnaQuest is exhibiting its Convergent Customer Management and Billing solution, MQSubscribeTM and its capability to handle IPTV billing and mediation during IPTV World Forum, London on 5-7 March.

  • IOL Broadband to raise $390 million via QIP

    IOL Broadband to raise $390 million via QIP

    MUMBAI: IOL Broadband Ltd is in the process of raising Rs 390 million through qualified institutional placement (QIP) to part-fund its IPTV roll out in new cities. Prime Securities is lead managing the issue that will close on Saturday.

    “We are raising Rs 390 million which will be used for expanding into new cities,” says IOL Broadband executive director Oberai.

    IOL Broadband will soon soft launch its IPTV services on the state-owned Bharat Sanchar Nigam Ltd (BSNL) network in Bangalore.

    The company, which has a non exclusive tie up with BSNL for setting up the content delivery network, is also looking at launching IPTV in Kolkata, Chennai, Delhi and Bhopal.

    IOL is yet to make a commercial launch of its IPTV services in MUmbai, the first city where it kickstarted operations on the MTNL network.

    The company has also signed a revenue share agreement for its IPTV service with Anytime, a consortium of major Hollywood Studios comprising Disney, Fox, Warner, and Universal which will provide access to Hollywood movies.

    Bennett Coleman & Co Ltd (BCCL), which is the holding company of the Times Group, has picked up a small stake in IOL Broadband for Rs 50 million.
     

  • IOL Broadband to hike share capital

    IOL Broadband to hike share capital

    MUMBAI: IOL Broadband has decided to increase the authorised share capital of the company from Rs 500 million divided into 50 million equity shares of Rs 10 each to Rs 700 million divided into 70 million equity shares of Rs 10 each.

    The board has agreed to issue and allot, on a preferential basis, upto 7 million equity share warrants (warrants), carrying an entitlement to subscribe to an equivalent number of equity shares of Rs 10 each at Rs 95 to Maula Trading Company, asserts an official release.

    The members will increase the investment limit for Foreign Institutional Investors upto 49 per cent, including their sub- accounts (FIIs), in the shares or bonds convertible into shares of the company, by purchase or acquisition from the market under the portfolio investment scheme under FEMA, subject to necessary provisions and approvals.

    An extra ordinary general meeting (EGM) of the members of the company will be held on 11 December to discuss the aforesaid matters, adds the release.

  • AnyTime clinches VoD deal with IOL

    AnyTime clinches VoD deal with IOL

    aMUMBAI: AnyTime, Asia Pacific’s video-on-demand channel (VoD), has signed a five-year distribution agreement with India’s broadband provider, India On Line Broadband Ltd (IOL).

    Four million homes in Mumbai and Delhi will have access to AnyTime VoD movie channel and interactive games channels by March 2007, asserts an official release.

    The AnyTime VoD movie channel will be the exclusive provider of Hollywood VoD programs and will form the cornerstone of the MTNL-IOL and BSNL-IOL IPTV platforms, supported by BSNL respectively.

    The AnyTime channel is expected to go live in December, making a wide range of Hollywood movies-both new releases and library titles. Besides that interactive games would be available on-demand which will introduce a new level of choice and control in entertainment in India, adds the release.

    AnyTime CEO Craig Zimbulis said, “This is an unprecedented deal for IPTV in the region. On-demand delivery of video content is set to boom in India, this is a country that clearly has a huge appetite for next generation services. IOL, MTNL, BSNL and AnyTime by working together will be able to offer Indian viewers an entirely new way to enjoy and consume Hollywood entertainment.”

    “Singapore’s transparent media regulatory framework and its abundant supply of skilled industry professionals have given AnyTime a great home and assisted AnyTime in realising our Asia Pacific growth plans and ambitions,” he added.