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Sources told Daily Telegraph TV peer next week should be floated on AIM with a value of approximately 15 million pounds in what will be an open offer.

The company, which will see Pace former Chief Executive Malcolm Miller to sit on the Board as a non-Executive Director, administrator offers its decoder technology to a number of international content aggregators.

Peer TV set-top box connects to the internet stream directly to a home TV content.

TV client peer is Indian Watch, which provides a range of Indian television online via the TV decoder peer.

A Subscriber Watch India receive 56 linear channels and access to thousands of Bollywood films.

The service also makes websites such as Facebook and YouTube, available via televisions.

The group currently has transactions with aggregators of content, Indian, Persian, Serbian and and its technology is approximately 100,000 households worldwide entier.La majority of customers are Russian, who pay about €20 per month to use the service.

However, peer hopes that the float will group also increase production.La society wishes to target local television market.

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