Econet and TiVo’s Cubiware Announce Partnership in Africa
September 12 2016 - 3:00AM
Business Wire
Cubiware, a Warsaw, Poland based TiVo company (NASDAQ: TIVO),
today announced a partnership with Econet, a diversified
telecommunications group with operations and investments in Africa,
Europe, South America and the East Asia Pacific Rim. As a result of
the partnership, Cubiware will combine efforts with leading set top
box (STB) vendors to deliver the latest iteration of CubiTV
middleware for hybrid satellite / IP deployment.
Through this collaboration Econet will provide a solution that
is accessible in Africa by enabling pay-TV services through DVB-S2.
CubiTV hybrid middleware gives subscribers access to premium
on-demand content through its PushVOD functionality and allows
Kwesé TV subscribers to watch premium movies and shows at a time
and order of their choice. The Cubiware middleware platform is
hybrid-ready allowing subscribers to benefit from a variety of
interactive and streaming services as soon as the infrastructure is
in place.
CubiTV hybrid middleware is widely available and has been
delivered by Cubiware to operators across Latin America, Europe,
Asia and now Africa. The solution is cost effective, accessible,
and provides a superb user experience to subscribers expecting the
latest advancements in television available today. The
goal for this partnership is to deliver high quality, high
definition premium services to consumers.
“Partnering with Cubiware ensures that we have access to cutting
edge technology that allows us to offer our audiences a superb user
experience. We aim to provide the best service possible and this
gives us the platform to do that.” said Joe Hundah, CEO of Econet
Media.
“We have long recognized the emerging markets in Africa as a
region of vast potential,” said Jakub Gorski, co-founder of
Cubiware. “This new partnership allows us to bring high quality
solutions to the viewers there.”
About Econet Media
Econet Media is a subsidiary company of Econet, a leading
diversified telecommunications group with investments and
operations across Africa, Europe, South America and
the East Asia Pacific Rim. The group was founded by one of Africa’s
leading entrepreneurs Strive Masiyiwa, who serves as Executive
Chairman. The group’s subsidiaries include mobile wireless
operations, satellite services, the continent’s largest terrestrial
fibre network (Liquid Telecom) and a range of mobile education,
health and financial services products. Kwesé TV is Econet
Media’s soon-to-be-launched pan-African entertainment platform that
includes broadcast, mobile and internet-based viewing options. For
more information on Kwesé TV, log on to www.kwese.com.
About Cubiware
Cubiware, a TiVo company (NASDAQ: TIVO), is an innovative
provider of software for Digital TV devices and systems. Cubiware’s
CubiTV solution is flexible middleware that enables cable,
satellite, terrestrial TV operators, and telcos to introduce
advanced TV services to network services. Support for a variety of
Internet standards and high customizability enables rapid and
cost-effective deployment. Cubiware’s CubiSDK software development
kit (SDK) enables the building of customized software for
video-enabled devices such as IPTV set-top boxes (STBs), DVB
Zappers, and DVRs. CubiSDK includes multiple pre-built plug-ins and
libraries, which may be used to add value to existing Cubiware IPTV
or DVB/IP deployments as well as to accelerate development of new
DTV products. For additional information please visit
www.cubiware.com or email info@cubiware.com.
About TiVo
TiVo (NASDAQ: TIVO) is the global leader in entertainment
technology and audience insights. From the interactive program
guide to the DVR, TiVo delivers innovative products and licensable
technologies that revolutionize how people find content across a
changing media landscape. TiVo enables the world’s leading media
and entertainment providers to deliver the ultimate entertainment
experience. Explore the next generation of entertainment at
tivo.com, forward.tivo.com or follow us on Twitter @tivo or
@tivoforbusiness.
Forward-looking Statement
All statements contained herein that are not statements of
historical fact, including statements that use the words “will” or
“is expected to,” or similar words that describe TiVo Corporation’s
or its management’s future plans, objectives or goals, are
“forward-looking statements” and are made pursuant to the
Safe-Harbor provisions of the Private Securities Litigation Reform
Act of 1995. These statements relate to, among other things, the
future availability of Cubiware’s CubiTV middleware solution in
Africa through Econet. Such forward-looking statements involve
known and unknown risks, uncertainties and other factors that could
cause the actual results of TiVo Corporation to be materially
different from the historical results and/or from any future
results or outcomes expressed or implied by such forward-looking
statements. Such factors include, among others, delays in
development, competitive service offerings and lack of market
acceptance, and are further addressed in Rovi Corporation’s most
recent report on Form 10-Q for the period ended June 30, 2016, TiVo
Inc.’s most recent report on Form 10-Q for the period ended July
31, 2016, and such other documents as are filed with the Securities
and Exchange Commission from time to time (available at
www.sec.gov). TiVo Corporation assumes no obligation to update any
forward-looking statements in order to reflect events or
circumstances that may arise after the date of this release, except
as required by law.
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version on businesswire.com: http://www.businesswire.com/news/home/20160912005291/en/
Finn Partners for TiVoRicca Silverio,
+1-949-439-7869tivo@finnpartners.comorHavas PR South AfricaChris
Verrijdt, (2711) 549 3600chris.verrijdt@havasww.co.za
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