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Star Group and PCCW to jointly explore IPTV pay-TV business
MUMBAI: Star Group and Richard Li‘s Pacific Century CyberWorks (PCCW) will be working together to explore the IPTV (Internet Protocol Television) pay-TV opportunities in various markets.
PCCW is the parent company of Hong Kong Telecom (HKT) and it‘s broadband network serves all major business areas and 95 percent of Hong Kong households – one of the highest such percentages in the world.
Leveraging PCCW’s expertise in building and operating an IPTV business and Star’s strength and experience in content creation and distribution and the pay-TV business, the two companies will look into opportunities to work with platform operators and media companies in Asia for the rollout of IPTV services.
PCCW‘s now TV is the world leader in IPTV with more than 550,000 users, subscribing to the service since its launch in August 2003 and representing over 25 per cent of homes so far in Hong Kong. now TV carries over 110 TV and audio channels including 17 channels provided by Star and its joint ventures.
PCCW executive director Alex Arena said, “PCCW has a wealth of experience in quickly implementing and operating a successful IPTV pay-TV business. Telecom and broadband companies from around the world visit us regularly, to explore how PCCW can share its experience with them. We are delighted to work together with Star to develop these opportunities.”
Star CEO Michelle Guthrie said, “We are excited to expand our working relationship with now TV, a tremendous partner of ours in Hong Kong, to explore opportunities across Asia. It is clear that IPTV will be an exciting distribution platform in the future. Today’s announcement underscores our efforts to help unlock its full potential, enabling Star to deliver content to more people across the region.”
The Star/PCCW cooperation will involve full pay-TV operations and will be in addition to worldwide technical and IT solutions provided by Cascade Limited, a wholly owned subsidiary of PCCW. Cascade has built and installed end-to-end technical IPTV solutions in countries as far afield as Thailand and Morocco. Ongoing discussions are in progress with a number of other overseas operators.
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JioFinance rolls out multi-bank fixed deposit platform
Users can compare, invest and track fixed deposits across issuers in one place
MUMBAI: The JioFinance app has launched a unified platform allowing users to compare, invest in and track fixed deposits offered by multiple banks and non-banking financial companies, sharpening its push to become a one-stop destination for digital financial services.
The new feature aggregates fixed deposits from a range of issuers, including small finance banks and NBFCs, enabling customers to filter options by interest rate and tenure and complete the entire investment journey digitally.
Interest rates on the platform go up to 8.15 per cent per annum, with users able to view tenure, tax treatment, lock-in conditions and premature withdrawal terms before investing. Once booked, deposits can be monitored through a consolidated dashboard that tracks returns, maturity dates and renewal reminders.
Jio Finance Platform and Service Limited chief executive officer Surbhe S Sharma, said the offering addresses a long-standing pain point for savers, who often struggle to compare issuers and manage deposits spread across institutions.
Fixed deposits remain one of India’s most popular savings products, and the company is betting that transparency and ease of use will draw users seeking stable, low-risk returns.
The FD marketplace on the JioFinance app is powered by Blostem Fintech Private Limited, which operates as a business correspondent and technical service provider to partner banks and NBFCs.
