prowiz Mr Alki David said “My investment in Quickflix and to join its board is representative of my significant investments in digital streaming and IPTV. Quickflix represents a key investment for me and the growth potential for the Company in the Asia Pacific market and beyond is staggering”.
from wikipedia:
The number of global IPTV subscribers was expected to grow from 28 million in 2009 to 83 million in 2013. Europe and Asia are the leading territories in terms of the over-all number of subscribers. But in terms of service revenues, Europe and North America generate a larger share of global revenue, due to very low average revenue per user (ARPU) in China and India, the fastest growing (and ultimately, the biggest markets) is Asia. The global IPTV market revenues are forecast to grow from US$12 billion in 2009 to US$38 billion in 2013
well again, I think we should look at bigger picture!!
QFX Price at posting:
4.0¢ Sentiment: Buy Disclosure: Held
