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Orange invests in Afrostream video service

Oct. 06, 2015 1:54 PM ETOrange S.A. (ORAN) StockORANBy: Jason Aycock, SA News Editor
  • Orange (ORAN +1.3%) is investing into Afrostream, a video-on-demand service that provides African, African-American and African-Caribbean films and TV.
  • Through its Orange Digital Ventures unit, Orange will supply expertise in networks, distribution and payment for the subscription service, which is already available on screens in France, Belgium, Switzerland, Luxembourg, Senegal and Ivory Coast.
  • Afrostream should be launched on Orange TV by next summer, says Deputy CEO Pierre Louette.

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