Ericsson and Bell Canada Sign landmark TV Deal
Jan 18, 2018, 10:13 ET
WASHINGTON, Jan. 18, 2018 /PRNewswire/ --
- Multi-year agreement with Canada's largest television provider includes Ericsson's award-winning MediaFirst TV Platform
- Enhanced services will deliver an even more personalized and seamless TV experience to Bell's Fibe TV and Fibe Alt TV subscribers across multiple screens
- Agreement extends long-term relationship between Ericsson and Bell
Ericsson (NASDAQ:ERIC) has been selected by Bell Canada, the number one television provider in Canada, to power its next generation multiscreen TV services.
Ericsson's MediaFirst TV Platform solution will enable Bell to offer an enhanced, personalized and converged multiscreen TV experience to its more than 1.5 million Fibe TV and Alt TV subscribers in Canada.
The multi-year deal expands on the companies' long-term relationship, which dates back to the 2010 launch of Bell's Fibe TV service and deployment of Mediaroom, the world's leading IPTV platform. When integrated with Mediaroom, MediaFirst will deliver an agile, next generation TV platform with the necessary flexibility to easily incorporate third party apps.
Rizwan Jamal, Bell's President of Residential and Small Business, says: "Our longstanding and successful relationship with Ericsson helped us deliver the innovative and exclusive new Fibe TV services that propelled Bell to the #1 in position in Canadian TV. We look forward to taking the game-changing Fibe TV and Alt TV even further, enabling next generation services across a wider range of devices by leveraging the innovative IPTV technologies of Ericsson MediaFirst."
Angel Ruiz, Head of Media Solutions, Ericsson, says: "Demand for high quality, seamless and personalized TV services is at an all-time high. With this increased consumer demand, service providers need to find ways to drive agile transformation within their business and ensure they have access to the technology and solutions that will help reduce operational costs and increase new revenue opportunities.
"The implementation of our award-winning MediaFirst TV Platform will enable Bell to further enhance its innovative services and deliver additional benefits both within its business and to its subscribers, offering a superior user experience across all devices."
Ericsson's MediaFirst TV Platform is a software-defined, media-optimized cloud-based TV platform. It provides a converged multiscreen experience including Pay TV in-home, TV Everywhere and OTT services and embraces all content sources and delivery networks. Read more about how Ericsson MediaFirst TV Platform is delivering cost efficiencies, agility and innovation of virtualized web services for managed and over-the-top content.
NOTES TO EDITORS
For media kits, backgrounders and high-resolution photos, please visit www.ericsson.com/press
About Bell
Bell is Canada's largest communications company, providing innovative broadband wireless, TV, Internet and business communication services to consumers and companies across the country. Bell Media is Canada's premier multimedia company with leading assets in television, radio, out of home and digital media. Founded in Montréal in 1880, Bell is wholly owned by BCE Inc. (TSX,NYSE: BCE). To learn more, please visit Bell.ca or BCE.ca.
About Ericsson Media Solutions
With an outstanding pedigree dating back over a quarter of a century, Ericsson's Media Solutions portfolio meets the unique challenges that lie at every single stage of the video journey. From video processing and delivery to TV platforms and beyond, we enable our customers to efficiently deliver a personalized and immersive viewing experience.
Earlier this year Ericsson presented a focused business strategy to revitalize technology and market leadership, improve group profitability and enable customer success. This includes exploring strategic opportunities for the company's media businesses while continuing to develop solutions to enable the businesses to scale and succeed in the evolving media landscape.
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Ericsson is a world leader in communications technology and services with headquarters in Stockholm, Sweden. Our organization consists of more than 111,000 experts who provide customers in 180 countries with innovative solutions and services. Together we are building a more connected future where anyone and any industry is empowered to reach their full potential. Net sales in 2016 were SEK 222.6 billion (USD 24.5 billion). The Ericsson stock is listed on Nasdaq Stockholm and on NASDAQ in New York. Read more on www.ericsson.com.
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