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You are here: Home / Vietnamese businesses join OTT race

Vietnamese businesses join OTT race

July 30, 2018 by vietnamnet Leave a Comment

VietNamNet Bridge – More Vietnamese firms have squeezed into the OTT market, where they have to compete with YouTube and Netflix. Viettel launches Keeng Movies In early June, Viettel, one of the three biggest telcos in Vietnam, introduced its OTT service, Keeng Movies, specializing in providing online films.  The OTT market in Vietnam has boomed recently with the presence of many domestic firms such as VTV, VTC, K+, SCTV, FPT Telecom, VNPT, BHD and Galaxy, and foreign investors such as iFlix and Netfix. Viettel refused to reveal the amount of investment capital. However, analysts said in order to obtain a copyright of the film studios, Viettel has to commit to use protection technology, with the price estimated at no less than $1 million. RELATED NEWS Piracy is the biggest challenge for Vietnam’s OTT market The cutthroat race of internet TV service providers Chi Mai




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