Telefonica Taps Microsoft for Global Video Platform

Spanish-based international telco Telefónica Digital and Microsoft (NASDAQ:MSFT) announced a multiyear strategic agreement to create a new Global Video Platform (GVP) for all video entertainment services across Telefónica's operating businesses. Based on Microsoft technologies including the Microsoft Mediaroom platform, the GVP is intended to deliver TV services over both managed (IPTV) and nonmanaged OTT networks, at global scale, to a range of consumer devices.The first GVP deployments are taking place in Brazil, Chile and Spain, and Telefónica anticipates extending the deployment of TV services based on the GVP to a number of its other operating businesses over the next few years.