For the quarter ending September 30th 2013, French technology specialists Netgem has posted a consolidated revenue of €24.1 million, taking its nine-month consolidated revenue to €57.9 million, of which 75 per cent from international sales. The growth in international sales stems from the successful launch of the new T-Box in Australia, as well as from the development of our clients’ subscribers base in Europe and Latin America.
At IBC fair in September, Netgem showed the latest innovations on its two product lines, which allow multi-service operators to extend and increase the value of their subscribers base: DuoTV (end-to-end low-cost connected TV offer) and TotalTV (premium multi-screens offer).
Netgem also announced the launch of the French version of DuoTV under the brand “La Box Videofutur”. For €10 per month, La Box Videofutur enables access to an enriched connected TV and SVoD offering, whatever the access provider and internet speed.
This offering is already being distributed in Videofutur shops and on the website videofutur.fr. The service will also be distributed from mid-November onwards through partner networks such as the Virgin Mobile national network, or the networks from local operators such as Ozone and Cityplay.
This original and competitive end-to-end offer, from the terminal to the content, is made available by Netgem to operator partners in a “TV as a service” mode, improving recurring business.