GECs
Mobiltek clinches systems integration contracts in China
MUMBAI: The US-headquartered Mobiltek Corporation, a global player in interactive mobile value-added services and mobile television services, has secured two new systems integration contracts from two additional telecommunications services providers in China.
Under the terms of the first agreement, Mobiltek has been selected to modify, localize, install and implement a telecommunications system for SMS television. The second agreement calls for Mobiltek to modify, localize, install and implement a telecommunications system for a mobile payment platform. Both contracts include the relevant licensed software and hardware applicable to the U.S. telecom market, said an official statement.
Mobiltek also will be responsible for marketing the services provided in both systems to the US domestic market, and retains the system resale rights in the United States which includes the rights to 80 percent of all gross revenues generated from those sales.
For the period of thirty-six months, the agreements are projected to generate $736,000 in fixed fee revenues for Mobiltek and may represent additional revenues once Mobiltek begins marketing the new services in the Uniated Sttes. The names of the new clients were not disclosed due to signed confidentiality agreements with both client companies, the release added.
“Mobile value-added services are already becoming a major growth industry in China with a meteoric increase in new users that is projected to continue for years to come,” said Mobiltek CEO George Moy. “With our established client relationships and a strong pipeline of potential new clients, Mobiltek is ideally positioned to capitalize on this growth and create value for our current shareholders.”
China’s Ministry of Information reported in May that the Chinese mobile subscriber base has grown to 358 million users nationwide, up from 334 million (revised) at the end of 2004 and well on its way to surpassing the projected growth rate of 17 percent for the year.
GECs
Samsung TV Plus launches Kings of Comedy channel
New free FAST channel brings iconic Hindi comedy shows to millions of Samsung Smart TV owners.
MUMBAI: Samsung TV Plus has just turned up the laughter volume and it’s completely free. The leading free ad-supported streaming television (FAST) service in India has launched Kings of Comedy, a premium comedy channel featuring some of the country’s most beloved primetime shows. Available exclusively on Samsung TV Plus, the channel delivers back-to-back hits including Comedy Nights with Kapil, Khatra Khatra Khatra, and Comedy Nights Bachao, with no login or subscription required.
The launch marks a milestone for free streaming in India, offering audiences a dedicated comedy destination directly from their Samsung TV home screen. It arrives as Samsung TV Plus India celebrates its 5th anniversary, during which the service has grown its monthly active users by 42 per cent and more than doubled its total viewing hours. The platform now offers over 180 free channels across 14 languages.
Samsung TV Plus India general manager and head of business development Kunal Mehta said, “Comedy is the heartbeat of Hindi entertainment, and Kings of Comedy brings together the shows Indians already love, completely free on their Samsung TV. Our focus remains the same take the content people know and make it effortless to access.”
Globally, Samsung TV Plus has surpassed 100 million monthly active users across more than 4,500 channels, solidifying its position as one of the world’s leading free streaming services.
Kings of Comedy is now available on all compatible Samsung Smart TVs. For viewers seeking non-stop laughter without any cost, this new channel delivers a royal treat proving that sometimes the best entertainment really does come with no strings (or subscriptions) attached.
