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This domain is ideally suited to a company in the media or movie sectors.
Tvlite has only six characters and just one syllable. Mono-syllable names are extremely rare and extremely valued. Successful brands using one syllable names include Path, Nike and Square.
Tvlite.com is a dot-com domain. Dot com domains are the most sought after domain extension in the world, famously used by websites like facebook.com. A dot-com is the first thing people think of when they think of a website.
One suggestion for how this name could sound when used.