March 7, 2023, White Plains, NY – Setplex, a leading full-service IPTV/OTT solutions provider, today officially announced its expansion into the Latin American streaming market with multiple new client agreements. These deals come on the heels of the release of the company’s software upgrade to Nora 2.4, improving the speed and efficiency of the platform.
The Setplex team will be showcasing Nora 2.4’s capabilities at Andina Link, LatAm’s leading trade fair for telecommunications and convergent technologies, and one that features the latest technological advancements and telco trends every year. Andina Link brings together top-level information and communication technology professionals, government decision-makers, and major corporations, making it an ideal venue for Setplex to showcase its full-service technologies.
"Our upgraded technology creates scalability that elevates the Setplex product to a new set of industry players, which is why we’re so excited to announce these partnerships,” said Setplex CEO, Lionel Dreshaj. "With Nora 2.4’s enhanced flexibility, our clients can partner with local ISPs, providing them content distribution capabilities without having to pay for international traffic."
In addition to existing and long-running LatAm partnerships with VIVOplay and TV Isla, Setplex announces the following agreements:
• Illumina Play, an upcoming Christian-based platform located in Guatemala.
• Portal Latino, a soon-to-launch OTT provider distributing Latino content in the US Hispanic market.
• Abix, an ISP in Mexico, providing IPTV services to major in-country tourist destinations.
• Wiltel, a cable provider in Rafaela, Argentina that uses Setplex’s transcoding technology.
The Nora 2.4 update improves the user experience, while expanding the support for various monetization models including add-ons, skinny bundles, AVOD, FAST, PPV, rentals, sales, and subscriptions.
"As competition grows, flexibility is of paramount importance, and Nora 2.4 is the only platform that delivers on that promise," said Carlos Hulett, CEO of VIVOplay. "It allows every imaginable model, from the skinny bundle and AVOD / FAST, PPV, rental, sale, and subscription. It's the one-stop OTT technology we need."
"We needed something we could implement quickly and easily, and Setplex's experience allowed us to move at a speed no one else could deliver on," said Julio Bautista, CEO of Total Media, parent company of Portal Latino. "Their OTT platform gives us the feature-rich options we need to implement when we are ready."
About Setplex
Setplex is a leading provider of flexible, end-to-end hardware and software solutions for OTT and IPTV offerings. The company enables broadcast, cable, satellite, and internet TV operators with a wide range of offerings for the ingestion, transcoding, delivery, and performance analysis of high-quality content. Its array of simple, powerful, scalable solutions has been installed by more than 150 broadcasters worldwide. For more information, visit https://www.setplex.com.