BARCELONA: Netflix head Reed Hastings predicted Monday that mobile carriers will soon offer data plans that give users unlimited video streaming to meet the rising popularity of watching TV and movies on mobile devices. Carriers offer unlimited data caps but they are usually very expensive. "So it is a slower speed but you get unlimited data on that and that turns out to be very efficient on network so an operator can offer unlimited viewing." Netflix started streaming TV in the United States nearly a decade ago and has now launched in almost every country. Mobile video traffic is forecast to grow by around 50 percent annually through 2022, to account for nearly three quarters of all mobile data traffic, according to a forecast by Sweden-based telecommunications operator Ericsson.

Source: The Star February 28, 2017 02:33 UTC