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OTT growth leads to growth in the telecom sector 15 March 2016

In Mexico, OTT platforms are helping the telecom sector. Demand for better broadband network because of increase in demand for video streaming, is creating a bigger market for data. OTT services have grown by 60% in 2015 and have raked in $470 million. Pay-TV, surprisingly is also on the rise, having grown by 11.3%. The OTT industry of 22.7 million subscribers is majorly driven by Netflix.

For the telecom industry, mobile data makes more money than fixed line services. Overall video accounts for 15% of their revenues currently.

Source: RapidTVnews

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