Amino Technologies high on IPTV deal

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Amino Technologies high on IPTV deal
Master Investor Magazine

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The share price of AIM-listed Amino Technologies (LON:AMO) has climbed by 7.14% to 90p (as of 13:30 BST) after the company announced that the Bolivian national broadcaster is distributing set-top boxes running its software. Entel, which is government owned, is currently deploying IPTV services across a new fiber-based network.

Chief executive Donald McGarva said: “Deploying fiber optic networks enables ‘telcos’ such as Entel to broaden their consumer offering and make the most of their existing customer relationships through launching IPTV services. Entel is a very forward-thinking operator with exciting plans to deliver new services countrywide and we are very pleased to play a key role through the successful roll-out of our AminoOS powered devices“.

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