WEST PALM BEACH, Florida, Jan. 22, 2018 /PRNewswire-HISPANIC PR WIRE/ — Olympusat Telecom, a subsidiary of Olympusat Inc., one of the largest independent media companies specializing in the ownership, distribution, production and technical services of Spanish and English-language networks, is pleased to announce that it has been selected as one of the candidates included in the shortlist for the PTC’18 Innovation Awards.
Designed to honor the individuals and companies that have innovated and continue to transform the telecommunications industry, the PTC’18 Innovation Awards recognizes Olympusat Telecom as one of the candidates for the prestigious Best Overall Innovation Award at the PTC’18 Innovation Awards. The nomination comes as a result of the company’s notable contributions to the OTT streaming space, enabling carriers to gain new subscribers, retain existing customers and increase their average revenue per user (ARPU), as well as the significant contributions made by VEMOX™, Olympusat Telecom’s OTT TV Everywhere platform, to the multicultural TV and media market.
Since its inception, VEMOX has innovated the industry by combining technology and content offering over 60 Spanish-language linear TV channels and thousands of hours of video on demand (VOD). Therefore, transforming the way Spanish-language content is produced, ingested, managed, packaged and distributed, all in a cost-effective and reliable carrier-grade OTT platform that resonates with the consumer.
“Over the years our products have made it easier for subscribers around the world to sign-up for higher bandwidth packages, by providing an array of Spanish and English-language entertainment options to millions of multicultural households in the U.S.,” stated Austin Powers, Co-founder and President of Olympusat Telecom. “We are excited to be part of the shortlist for the PTC’18 Innovation Awards; this nomination serves as testament for all the hard work we have put into providing fast, simple and affordable access to quality national and international entertainment for the Hispanic community.”
This year, the PTC’18 Innovation Awards recognizes various important categories including Lifetime Innovation, Best Overall Innovation, Best Networking Innovation, Best Application/Service Innovation, Best Regulatory Innovation and Best Quality of Life Improvement. The PTC’18 Innovation Awards recipients will be announced during the inaugural Innovation Awards Gala taking place on Tuesday, January 23rd, 2018.
For more information on Olympusat Telecom, visit olympusattelecom.com.
To learn more about Olympusat, please visit olympusat.com.
Olympusat – Editorial Contact:
Jesús Piñango
561-249-5228
jesus@olympusat.com
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SOURCE Olympusat, Inc.
