"The key benefit of using AWS for cloud computing is the opportunity to replace up‐front capital infrastruc‐ ture expenses with low variable costs to scale the TV2U business. With the cloud, TV2U no longer needs to plan for and procure servers and other IT infrastructure months in advance. Instead, TV2U can instantly gain access to additional servers from AWS in minutes for rapid service delivery.
TV2U’s core mission is to deliver a next generation cloud‐based total entertainment solution to multiple business customers. The Company is initially targeting customers in the emerging markets and has secured two material customer agreements that will deliver near‐term revenues to TV2U.
TV2U’s offering consists of a Cloud‐based Technology Platform, bundled with content and real‐time analyt‐ ics delivered on an attractive monthly pricing model to customers. AWS has been selected because it al‐ lows TV2U’s technology to scale according to subscriber usage without incurring an upfront investment, and as such, is an excellent fit with TV2U’s technology strategy.
Using this approach, the Amazon technology will support TV2U’s first deployments into Thailand for the Sunfly2U service, and the Commonwealth of Independent States (CIS), including Russia, for Divan.TV’s VOD service.
These two alliances allow the company to monetise and gain immediate access to significant revenue from its content and distribution agreements with nominal capital expenditure outlay from this quarter on‐ wards."
1.5m cash left, so their prudent, opex model appropriate.
TV2 Price at posting:
1.4¢ Sentiment: Buy Disclosure: Held
