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OTT and piracy knock lumps out of Asian Pay TV

OTT has joined piracy as a thorn in the side for many Asia Pac pay TV operators and threatens to derail growth in many of the markets. This has already happened in Singapore, which as a saturated pay TV market exposed to cord cutting which has some similarity to the US. The decline started a little later in Singapore around the end of 2015 when Pay TV saturation combined with renewed growth in piracy and this affected the two big, incumbent Telcos StarHub and Singtel. StarHub actually lost 6,000 subscribers in Q4 2015 while SingTel only managed to gain 1000 after a period of much faster growth. Since then the arrival of Netflix and rival OTT services, has added an…

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