Streaming services are targeting Africa as wireless networks become more widespread and reliable, allowing the delivery of video in a region where landlines are scarce. Photographer: Gallo Images via Getty Images

PCCW Ltd., controlled by Hong Kong billionaire Richard Li, is planning a video-on-demand service for South Africa that would compete with Netflix Inc. and Naspers Ltd.’s ShowMax, according to two people familiar with the matter.

PCCW’s HKT unit will unveil the entertainment service as early as next week, said one of the people, who asked not to be identified as the product isn’t public yet. Telecommunications conglomerate PCCW bought… [Read more on Bloomberg]