Netflix could be close to announcing its long-awaited launch in India. A new report claims that the streaming service could reveal its plans for adding India to its list of countries next week as part of its CES 2016 announcements.
The rumor comes from The Hindu Business Line, citing unnamed sources. It adds:
Netflix could enter India through a partnership with a local telecom firm to take advantage of the 4G networks that make watching high quality video streaming possible on a mobile anywhere.
Previous rumors claimed Netflix could offer local content in India as part of its launch plans. Netflix first launched in Asia in September when it started service in Japan and has already announced it will expand to Hong Kong, Singapore, South Korea, and Taiwan sometime in 2016.
Netflix CEO Reed Hastings will be a CES 2016 keynote presenter on Wednesday, January 6th. Typically a company like Netflix doesn't take the stage for a CES keynote unless they've got something big to announce.
Source; The Hindu Business Line
