TalkTalk selects Netgem for launch of 4K TV service

Netgem announces a new contract with leading British operator TalkTalk Group to supply its NetgemTV platform for the launch of TalkTalk TV 4K

PARIS — Netgem (Euronext Growth: ALNTG) announces a new contract with leading UK operator TalkTalk Group to supply NetgemTV, its comprehensive multi-screen operated entertainment platform, for the launch of the next generation TalkTalk 4K TV service.

TalkTalk, the UK’s leading provider of affordable, reliable, fair and accessible broadband connectivity, operates Britain’s largest unbundled network, covering 96% of the population and 4.2 million connected premises. With 2.4 million Superfast Broadband customers already, TalkTalk intends to be at the heart of Britain’s plans for Full Fibre, offering the best user experience for connected TV and streaming entertainment.

Netgem, already present in the United Kingdom with fifteen Fibre operators having adopted its NetgemTV platform, is strengthening its presence in this fast-growing market.

Thanks to Netgem’s “Content-as-a-Service” business model, this new contract will generate recurring revenues as early as fiscal year 2021.

Mathias Hautefort, CEO of Netgem, says: “This new contract with TalkTalk Group demonstrates the relevance of Netgem’s unique positioning in the fast-growing connected entertainment market. Netgem, thanks to its fully operated NetgemTV platform already market-tested with several operators in Britain in particular, and its expertise for concluding agreements with the largest content owners and OTT players, knows how to win the trust of Tier 1 operators.”