KT Skylife teams up with Xiaomi, Google...

[THE INVESTOR] Satellite broadcasting company KT Skylife on Sept. 19 announced the launch of its new over-the-top streaming service Telebee.

The OTT market is an emerging media business segment with global firms such as Netflix, Apple and Amazon pouring resources to increase market share. In Korea, network operators including KT Corp., SK Telecom and LG Uplus, are currently running their own OTT businesses.