Video solutions provider Concurrent has reached agreements for next generation video on demand (VOD) solutions with four leading cable television operators in China.
Concurrent is providing VOD solutions to Jiangsu CATV, Jilin CATV, Mudianjiang CATV, and Xizhou CATV, whose combined subscriber base represents more than 25 million households. Concurrent, with operations in Beijing, is providing VOD systems and associated services with China-based Potevio, a state-owned equipment manufacturer and network integration services provider.
"China is rapidly becoming a growth engine for Concurrent," said Dan Mondor, Concurrent's president and chief executive officer.
"These new agreements illustrate that we are successfully executing against our strategy of focusing on high growth international markets to expand our global customer base. Our decision to partner with Potevio in mainland China is paying dividends, and together we are taking the leadership position in video and media data solutions in this explosive market."
Jiangsu Broadcasting and Television Network is China's largest conglomeration of cable multiple system operators, with approximately 20 million subscribers, and Jilin CATV is a top 10 cable provider with nearly 4 million subscribers, both provincial-level operators. Mudianjiang CATV and Xizhou CATV are city-level cable operators.
Louise Duffy | 03-07-2011