Siemens to Enter Internet-TV Market in India, Handelsblatt Says

Siemens AG (SIE) plans to enter the Internet-television market in India in cooperation with Zee TV and may add more countries later, Handelsblatt reported, citing Stefan Jenzowsky, head of multimedia at Siemens’s CMT unit.

The company’s technology allows access to content regardless of the network operator, the newspaper said, adding that the deal will be announced today.

To contact the reporter on this story: Cornelius Rahn in Frankfurt at crahn2@bloomberg.net

To contact the editor responsible for this story: Kenneth Wong in Berlin at kwong11@bloomberg.net

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