News
MobiTV passes two million subs
Stuart O'Brien Feb 28 2007, 8:00am
MobiTV has smashed through the two million paying subscriber barrier, having doubled its audience in less than 12 months.
The US company, which powers mobile TV services for the likes of Sprint, AT&T, 3 and Orange UK, says it can now offer more than a hundred channels across 150 handsets.
Since passing the one million subscriber mark in April last year, MobiTV has landed $100 million in VC cash to fund development of WiMAX/DVB-H delivery and interactive advertising models.
It has also moved into the Latin American market, securing 14 operator distribution deals in the region.
Phillip Alvelda, CEO and co-founder of MobiTV, said: “The recent hype in the mobile media space isn’t all that surprising given the new contenders looking to enter the marketplace some time later this year.
But nothing tells an unequivocal story of success quite like a subscriber base soaring past two million and growing faster than ever before.”
Paul Scanlan, president and co-founder of MobiTV, said: “There’s nothing more satisfying than helping our carrier partners monetise their newly deployed, multi-billion dollar 3G networks with a next generation platform that seamlessly transitions for 4G, WiMAX and beyond.”
