Reflections on Volume

Big volume without further upside equals distribution
Big volume without further downside equals accumulation

Volume tends to peak at turning points
Volume often precedes price movement
Volume is a relative study

Monday, October 11, 2010

YTL Comms to launch wireless hybrid TV

YTL Communications Sdn Bhd will launch an all-wireless hybrid television (TV) service by end-2011, making Malaysia the first in the world to offer the next-generation service.

This is made possible with the signing of the licence and services agreement between YTL Communications and next-generation TV innovator, Sezmi Corp, he said.

"The agreement gives YTL Communications the rights to deploy hybrid TV service in Malaysia and throughout Asia-Pacific," said its executive chairman, Tan Sri Francis Yeoh Sock Ping, at the signing ceremony in Kuala Lumpur today.

Also present were Minister of International Trade and Industry, Datuk Seri Mustapa Mohamed and chairman of Malaysian Communications and Multimedia Commission, Tan Sri Khalid Ramli.

The new service will bring together TV, video-on-demand and Internet content in one converged platform that is personalised to the specific needs of the users and is seamlessly accessible on a fourth generation (4G) mobile network.

Yeoh, however, declined to unveil details of the investment to deploy the service in Malaysia as well as the partnership with Sezmi.

California-based Sezmi, a four-year-old Silicon Valley start-up, offers an Internet-connected set-top box with a digital aerial.

Sezmi is working with service providers and content partners around the world to deliver a transformative TV choice for all TV consumers.

As for Malaysia, Yeoh said, there would also be local content.

"When we launch our 4G mobile Internet service next month we will deliver to Malaysia a wireless dual-play service -- broadband and voice on our 4G network," YTL Communications' chief executive officer, Wing K. Lee, said.

Earlier, Mustapa said with the venture, content and technology know-how would be delivered from Malaysia to the rest of the world.

"This will create a vibrant and healthy ecosystem of content, application and devices that will drive the growth of high-skilled, high-income jobs, in line with the government's drive towards high-income economy," he said.

The "quad-play", as the industry calls it, would require new devices and equipment to be developed and manufactured in Malaysia, he said.

"We will be able to attract manufacturers of these high-technology devices and equipment to meet the local demand and serves as a springboard to drive regional and global export opportunities," he said. -- Bernama

Read more: YTL Comms to launch wireless hybrid TV

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