ULTIMATE IPTV APP is a free multimedia player you can download on your device. 

By installing this application on your android phone or tablet, you will be able to watch your saved movies and tv shows or stream them from the web.

It has an MX player and supports .m3u, .m3u8, .asx, .pls, .xspf playlists.

Apart from video content, you can also use it to listen to your saved albums from your favorite artists.

It has a simple and intuitive interface so you won't get lost when using it. 

ULTIMATE IPTV does not contain any playlists. What it does is scan your storage or you can simply import content you want to stream to the app.