ADSL signature for FastTV

Swedish IPTV player FastTV has signed a letter of intent with a major ADSL provider to offer an exclusive TV service on the network.

The agreement with the as yet unnamed company represents FastTV’s largest contract to date and is expected to provide a significant increase in turnover during the second half of 2008.

The service is scheduled to launch in the late summer and add at least 10,000 customers to FastTV’s subscriber base.