5:50 Juliet Mann: " ...... Let's talk funding. How are you fixed in terms of cash and do you think you'll need to do some fund-raising soon? ......"
Jose: " ...... Well, we have been quite successful in terms of our strategy. But roughly, it looks like all the revenues coming from the customers that we have achieved at the moment are sufficient to maintain our view to have cash flow positive position *?*? this year. So we have no fund raise on the horizon. It looks like we have a solid balance sheet (in my opinion) and our shareholders should be happy about the announcement that we made today......."
Mexican triple-play operator Izzi Telecom (Televisa) has launched a new video product called Izzi TV. The service includes live TV channels, VOD content from the OTT Blim and Izzi go application to access the programming from mobile devices. The monthly subscription costs USD 19.6.
According to Izzi’s website, the service comes with more than 220 live TV channels, 60 in HD. The VOD offer has more than 14,000 titles of series and movies from Televisa’s OTT platform Blim, launched earlier this year. Users can also add channels of the premium packs HBO, Fox+ and Golden Premier.
Izzi go app can be downloaded free of charge from Google Play and App Store. The application acts as a remote control and allows simultaneous use of Izzi TV, even with different programming on TV and on mobile devices.
Izzi TV service uses the Iris multi-screen solution of the Spanish company Mirada. Iris TV Everywhere solution enables content to be viewed across set-top boxes, smartphones and tablets.
Rollout began yesterday with a major advertising campaign from Izzi as they unify the various cable brands under Izzi and offer a complete integrated TV package with both traditional channels and the OTT products, all enabled by Mirada's platform.
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