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Netflix reportedly planning to enter Indian market by next year

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Netflix is planning to launch its online TV and movies subscription service in India by 2016, according to a Times Of India report.

As per the report, the service will arrive with some of the iconic Indian TV shows including Buniyaad, Nukkad, and Malgudi Days, and will be available on both iOS and Android devices.

When asked for comment, a Netflix spokesperson said, “We have said we plan to be nearly global by the end of 2016. We have nothing else to share at this point.”

The news comes less than a month after Singapore-based telecom operator Singtel announced its own video streaming service, dubbed Hooq, in India. The service, which costs INR 199 ($3) per month, was launched in partnership with Sony Pictures and Warner Brothers Studios.

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