Colba.net Telecom Inc., a prominent telecommunications company in Quebec, has expanded its new Internet Protocol Television (IPTV (News - Alert)) service.
The move follows a recent decision by the Canadian Radio-Television and Telecommunications Commission (CRTC) approving its application for a broadcasting regional license to operate a Class 1 terrestrial broadcasting distribution undertaking in Montreal, Drummondville, Trois-Rivières, Gatineau, Sherbrooke, and in the surrounding areas of Quebec.
This new IPTV service offered by Colba.net will include several high-definition (HD) channels, including some of the most popular American and Canadian channels. Because of its competitive pricing, this recent expansion is likely to reflect positively on sales data and the company's overall value.
The company will, however, face a tough competitor in Bell Canada (News - Alert), which has already launched its IPTV service ‘Fibe TV’ in Montreal, delivered over the telco’s fibre-based network and offering over 100 high-definition channels, more than 70 international channels and over 20 thematic packages, as well as interactive features and whole home PVR capabilities.
Meanwhile, a recent report from research firm IHS (News - Alert) found that Canadian telco’s continue to win pay-TV subs from their cable and satellite rivals, with IPTV’s share of the local subscriber base rising to nearly 10 percent in the third quarter of 2012.
"Once again, we are thrilled and proud to expand this new IPTV service to new communities in Quebec,” said president and chief executive officer at Colba.Net, Joseph Bassili. “Our whole business model, core corporate values and reputation are based upon offering the best possible products and services at unbeatable prices. We strongly believe that both the industry and consumers stand to greatly benefit from increasing competition in our fast growing industry sector. By offering IPTV service, Colba.Net is now a player in the big league of telecom providers and cable distributors."
Colba.Net Telecom, Inc. is a leading-edge telecom company offering high-speed Internet access, telephony services and IPTV at very competitive prices compared to other major telecom and cable companies.
The firm launched its IPTV service in December 2011 on the Island of Montreal, offering a number of high-definition channels and some popular U.S. channels, as well as access to the content streaming websites Netflix, AppleTV and TOUT.TV.
Edited by Braden Becker