GoConnect establishes media partnership in Mongolia - Proactiveinvestors (AU): "GoConnect’s (ASX: GCN) has entered an agreement to establish a media partnership in Mongolia for internet protocol television (IPTV) and WiFi.
Mongolia has well established IPTV services, with its largest IPTV operator, Univision, providing a pay IPTV service with 70 channels.
Under the in-principle agreement with investment holding company First Mongolian, GoConnect will hold a 51% equity interest in a jointly owned company, First Mongolian Media.
First Mongolian Media will seek to work with existing Mongolian IPTV companies, with GoConnect providing its content and licencing its IPTV and WiFi media technologies to businesses in the country.
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'via Blog this'
