ZTE now No 2 in Global IPTV Middleware Market
21 March 2012, London, UK – ZTE Corporation (“ZTE”) (H share stock code: 0763.HK / A share stock code: 000063.SZ), a leading global provider of telecommunications equipment and network solutions, has been ranked second in global IPTV middleware market share in a report by Multimedia Research Group (MRG).
The report investigated multiple dedicated markets such as IPTV middleware, STB (set-top box) and VOD (video-on-demand) software, and found that ZTE holds 11 percent of the global IPTV middleware market, following Microsoft with 22.9 percent. ZTE is also ranked third in the overall occupancy ratio of the global STB market and fifth in global IPTV VOD software.
Mr. Chen Xinyu, General Manager of ZTE’s VAS Product Line, said: “In recent years the ZTE IPTV service has developed through a customer-centric approach, continuously providing innovative and stable IPTV series products, including lower-code HD solutions and social TV”.
ZTE has IPTV operations in countries and regions around the world, and continues to invest in its research and development aimed at growing market share in Europe and America.
ZTE’s rapid service development in IPTV in recent years has meant that it is ranked first in Asia and emerging markets. With the research report predicting rapid IPTV market growth in Latin America, and China’s government potentially enabling IPTV in the country, ZTE is in a strong position to continue its growth in these markets.
As a world-leading IPTV provider, ZTE offers carrier-class end-to-end IPTV solutions based on the latest technologies and has extensive experience in global project delivery. ZTE is continuously developing its global IPTV solutions, and has constructed the world’s largest H.264 IPTV network, which has three million online subscribers and 12 million users.
About ZTE
ZTE is a publicly-listed global provider of telecommunications equipment and network solutions with the most comprehensive product range covering virtually every sector of the wireline, wireless, service and terminals markets. The company delivers innovative, custom-made products and services to over 500 operators in more than 140 countries, helping them to meet the changing needs of their customers while achieving continued revenue growth. ZTE’s 2010 revenue led the industry with a 21% increase to USD10.609 billion. ZTE commits 10 percent of its revenue to research and development and takes a leading role in a wide range of international bodies developing emerging telecoms standards. A company with sound corporate social responsibility (CSR) initiatives, ZTE is a member of the UN Global Compact. ZTE is China’s only listed telecom manufacturer, publicly traded on both the Hong Kong and Shenzhen Stock Exchanges (H share stock code: 0763.HK / A share stock code: 000063.SZ). For more information, please visit www.zte.com.cn.
