OTT IPTV in Japan and Korea closer to 2 million subscribers

This writeup on Variety suggests that Korea Telecom has 550,000 IPTV subscribers. That means there must be a lot more Over-The-Top IPTV subscribers in the two countries than what I have estimated on last week's post.

So I guess collectively between Hanaro, Korea Telecom, and someone like USEN in Japan, the OTT IPTV subscriber base must be between 1.6m to 1.8m in the two countries. Of course the reason we bundle the two for OTT IPTV is because in both countries IPTV providers are not yet allowed to offer live TV.