IPTV service providers account for 10.71% telecoms revenue

In the first half of 2018, IPTV service providers accounted for 10.71 percent of total revenue in the telecommunications sector, reported the Communications Regulatory Commission (CRC).

IPTV service providers signify the second largest share in terms of revenue after mobile network providers. The number of IPTV customers has risen by 31.9 percent to 274,000 households or organizations.

According to the CRC, customers of IPTV services account for 30.87 percent of cable service customers. IPTV services were introduced to the Mongolian market in 2011 and add another dimension to the telecoms sector, said the CRC.

One of the larger IPTV providers, Skymedia Corporation LLC said that 30 percent of its customers consume around 2.4 movies or television shows in a month. Around 50 percent of the content consumed is Mongolian.

Meanwhile, Univison LLC reported that it has connected 95 percent of apartment complexes with fiber cables. In addition, the company said it is looking to expand its services such as TV Box and Look TV.