Netflix might announce its India launch next week: reports
According to technology and business news agencies, the on-demand streaming service is expected to make its plans public at a trade show in Las Vegas.
Popular on-demand video streaming service Netflix might announce its India launch next week, according to NDTV. The company is expected to disclose its plans at the consumer technology trade show CES 2016, which will be held in Las Vegas. The Indian market has not been conducive to service providers such as Netflix because of rampant piracy and slow internet speeds.
However, a Hindu Business Line report claims that Netflix will tie up with an Indian telecom company and use its 4G network. Airtel is the only operator in the country that has made substantial progress in the 4G domain so far, though Reliance had a soft launch of its 4G Internet service for its employees last week.
Netflix allows users to pay a yearly or monthly subscription and stream television programmes and movies legally. It is already well established in 50 countries with around 62 million subscribers. In September, the company had made public its plans to enter Hong Kong, Singapore, Taiwan and South Korea by early 2016, and it already runs successfully in Japan.