The lucky countries that get Netflix tend to take it for granted, maybe not realizing that many other countries do not have access to the streaming service. Well, the folks in Cuba have something to be excited about as the video streaming service has entered Cuba after the US relaxed trade restrictions.
It is all part of Netflix’s strategy of fast expansion into new countries. The unexpected launch in Cuba is just the latest. The video streaming service will now be available to residents of the country for the very first time. This was made possible by the recent easing of trade restrictions that were imposed on Cuba by the United States since 1961.
The service will be available to anyone with an Internet connection and access to international payment methods. Keep in mind that Internet infrastructure in the country is slowly catching up with the rest of the developed world, with around 5 percent of citizens having access.
The service costs the same $8 as it does in the United States and Latin America. Based on the average monthly wage of $20 in 2013, Netflix basically costs more than a third of the average citizen’s salary, severely limiting the potential customer numbers, so it will be interesting to see what happens here.
Source Electronista
Filed Under: Technology News