South Africa broadband blitz unlocks video-on-demand

A rapid roll-out of fiber optic broadband in upmarket South African neighborhoods has caught the attention of Internet video streaming companies who are racing to capture a slice of a lucrative, untapped market.

South Africa is the continent’s most developed economy and has a burgeoning middle-class but so far satellite television operators dominate the home-viewing market.

Five South African video-on-demand (VOD) services have launched over the last 12 months and when Netflix announced global expansion plans in January it raised speculation that the U.S. streaming giant would soon be coming to South Africa.

Read more: South Africa broadband blitz unlocks video-on-demand – Yahoo News UK

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