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| BestTV to set up Internet video system in Japan | Published by: Globes
www.globes.co.il
Globes’ correspondent
31/10/2006
| BestTV and Invensys will launch an Internet television platform using a FTTH system.
Best Broadband Television Ltd. (BestTV), which provides a solution for setting up and managing video channels on the Internet, has reached an agreement with Japanese investment company Invensys to establish a video Internet platform in that country.
BestTV predicts that the contract will generate $2 million revenue over the next two years, and could grow to tens of millions of dollars as the service expands in Japan. BestTV was founded in 2002. It has mostly focused on developing the technology in recent years. The company has developed an Internet TV platform that is installed in video servers, enabling the management of television channels and video-on-demand (VOD) systems, while providing statistical, billing, and advertising tools.
In the past few years, the company has been able to reach mainly Israeli customers, including Hebrew daily “Ha’aretz”, One sports portal, Yellow Pages (Dapei Zahav) and 360 Channels Ltd. The agreement with Invensys is the company’s first large international deal.
Under the agreement, BestTV and Invensys will launch an Internet television platform using a fiber-to-the-home (FTTH) system. BestTV believes that, initially, five million households in Japan that watch the channel for which the service will be provided will join the service.
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