KT on Monday announced the signing of a US$19 million contract with Thailand's 3BB TV to provide commercial IPTV (Internet Protocol TV) service to the company. KT is South Korea's leading provider in IPTV service with 8.4 million subscribers.
3BB TV, an affiliate of Jasmine Group will combine its ultra-speed Triple T Broadband internet connection with the IPTV service. With the combination, the Jasmine Group aims to become Thailand's No. 1 telecom operator.
KT will provide its Thai partner with all necessary solutions and technology to commercialize IPTV service within Thailand in the latter half of this year. They include IPTV/OTT (Over the Top) solution, CDN (content delivery network), network optimization, advertisement/e-coupon/search/channel recommendation services, set-top box devices, and E2E service assurance solution.
KT and Triple T Broadband, also known as TTBB, signed a comprehensive IPTV consulting agreement in September last year. Through the Thai project, KT aims to utilize South Korea's advanced IPTV capabilities in expanding its overseas outreach and becoming Asia's top global media enterprise.
Kim Young Woo, Head of KT's Global Business Office
This is a great opportunity to introduce our outstanding capability in IPTV business in the global market. For 3BB TV, we will provide all possible assistance so that it rapidly becomes Thailand's No. 1 IPTV provider.
Subhoj Sunyabhisithkul, President of 3BB TV
Beyond IPTV, we look forward to continued cooperation with KT in AI (artificial intelligence), GiGAeyes for smart security and other high-value platforms.
