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LeTV targets Indian market

Chinese internet company LeTV, which operates the Le Sports service, is targeting a launch in India in early 2016, according to founder Jia Yueting.

The executive made the announcement in Beijing at the launch of the company’s new Le 1S smartphone, according to the Indian Television news website.

LeTV is looking for local content partners in India who could support the launch. LeTV is also considering establishing production and research and development offices in India in the long term.

Earlier this week, Le Sports acquired rights for Asian Football Confederation events in a deal that gave the company a 20-per-cent stake in the Lagardère Sports agency’s Asia-focused division.