​​Is Netflix to launch in India soon?

Los Angeles

According to latest media reports, the largest and one of the most popular online video service,Netflix is likely to foray in India. The company is expected to announce its launch in the forthcoming Consumer Electronic Show 2016 in Las Vegas. Neverthless, Netflix is yet make an official statement about this.

Netflix and its India launch has been making news amongst the video buffs right from June 2015. Apparently, the growing 4G market in the country has caught the attention of this mighty video streaming company and reportedly, it will team up with couple of local telecommunication networks in order to take full advantage of 4G services.

As an icing on the cake, the entry of Netflix in the Indian market not only offers abundance of video contents but also better technology at a much affordable cost. It is worth mentioning that Netflix has gained popularity in more than 50 countries and has subscription of roughly $62 million.

At present, some of the popular video streaming platforms in the country includes, Hooq, a Singapore based company launched for Rs 199 every month. Simlarly, other video streaming companies include Hotstar that was launched during early 2015, Ditto TV, Spuul, Big Flix and Ogle.