AP Fibernet announces that it is scaling its subscriber base from the current one million homes to seven million homes in the next three years powered by Corpus SDP Platform. Total sub base will be 2M by end of 2021, 4M by 2022 and 7M by 2023. Corpus SDP platform is an end-to-end triple play solution with a product portfolio of IPTV Middleware, DRM, Transcoding, CDN and VAS platform enabling the delivery of linear channels, local channels, VOD, popular OTT apps and Games.
AP Fibernet is targeting to grow its revenue from Rs 3 Billion to Rs 30 Billion. It has already introduced new packages with higher internet bandwidth packs bundled with IPTV channels and OTT services. Corpus VAS platform will help AP Fibernet to become a Super aggregator of OTT and various content sources. There is a growing demand for its services in the state of Andhra Pradesh and AP Fibernet is aggressively driving this initiative to ensure maximum households are powered with internet. The Covid 19 has changed many things and has increased demand for internet connectivity.
Corpus has played a key role in the evolution of AP Fibernet’s IPTV service and bundling of value-added services. It has already implemented several Citizen beneficial services along with entertainment services. It is now enabling super aggregation by integrating with popular OTT apps. Along with subscription revenue, Corpus revenue is expected to grow seven-fold contributed by revenue share on VAS services like OTT, Education, advertising across TV, STB and Mobile screens.
Going forward Corpus will add mobile app as well as a companion app. For the mobile streaming, Corpus will deploy its Transcoders and CDN Edge solution to extend the service to multiple devices within home.