AVPlayerItem throws "Playlist File not received" error

I have set the timeout of the nsurlconnection of my master m3u8 to 80 sec. I have timed out the connection using Charles to test a desired functionality. But before the expiration of 80 sec, AVPlayer throws the following error:


"Error Domain=NSURLErrorDomain Code=-1008 \"See -[AVPlayerItem errorLog] for 1 events\" UserInfo={NSDebugDescription=See -[AVPlayerItem errorLog] for 1 events, NSLocalizedDescription=resource unavailable, NSUnderlyingError=0x60c000a58c00 {Error Domain=CoreMediaErrorDomain Code=-12884 \"Playlist File not received\" UserInfo={NSDescription=Playlist File not received}}}"


Can anyone please help?