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<\/span><\/figcaption><\/figure> SINGAPORE: HOOQ Digital, a video streaming service<\/a> majority owned by Singapore Telecommunications Ltd<\/a>, said it was filing for liquidation as it had not been able to grow sufficiently to provide sustainable returns nor cover escalating costs.

HOOQ was started as a joint venture in 2015 between Singtel<\/a>, Sony Pictures<\/a> Television and Warner Bros<\/a> Entertainment. But it has failed to make major gains as larger rivals such as Netflix Inc<\/a> expanded in the region.

The liquidation is not expected to have any material impact on the net tangible assets or earnings per share of Singtel, the telecom operator said in a filing to the stock exchange. Singtel has an indirect 76.5% effective stake in HOOQ.

HOOQ is part of Singtel's group digital life segment, which includes newer businesses like digital marketing that the company has been trying to grow as part of its efforts to expand outside traditional telecom services. (Reporting by Aradhana Aravindan in Singapore; Editing by Himani Sarkar)

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Singtel-backed流媒体服务为清算HOOQ文件

HOOQ数字表示,申请清算,因为它没有能够充分发展提供可持续的回报也不支付升级费用。

  • 2020年3月27日更新于点坚持
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新加坡:HOOQ数字视频流媒体服务多数属于新加坡电信有限公司表示,这是申请清算,因为它没有能够充分发展提供可持续的回报也不支付升级费用。

HOOQ之间在2015年开始作为一个合资企业新加坡电信,索尼影业电视和华纳兄弟娱乐。但却未能做出重大收益等规模更大的竞争对手Netflix Inc .)在该地区的扩张。

清算预计不会有任何实质性影响的净有形资产或每股收益新加坡电信,电信运营商在证券交易所的一份文件说。新加坡电信有一个间接HOOQ 76.5%有效的股份。

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HOOQ是新加坡电信集团数字生活片段的一部分,其中包括数字营销等新业务,该公司一直在努力成长的一部分,努力扩大外部传统的电信服务。(完Aradhana Aravindan在新加坡;乌萨马•希马尼(完)Sarkar)

  • 发布于2020年3月27日下午03:26坚持
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\"\"
<\/span><\/figcaption><\/figure> SINGAPORE: HOOQ Digital, a video streaming service<\/a> majority owned by Singapore Telecommunications Ltd<\/a>, said it was filing for liquidation as it had not been able to grow sufficiently to provide sustainable returns nor cover escalating costs.

HOOQ was started as a joint venture in 2015 between Singtel<\/a>, Sony Pictures<\/a> Television and Warner Bros<\/a> Entertainment. But it has failed to make major gains as larger rivals such as Netflix Inc<\/a> expanded in the region.

The liquidation is not expected to have any material impact on the net tangible assets or earnings per share of Singtel, the telecom operator said in a filing to the stock exchange. Singtel has an indirect 76.5% effective stake in HOOQ.

HOOQ is part of Singtel's group digital life segment, which includes newer businesses like digital marketing that the company has been trying to grow as part of its efforts to expand outside traditional telecom services. (Reporting by Aradhana Aravindan in Singapore; Editing by Himani Sarkar)

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