Telcos remain in positive financial territory
May 15, 2008
The new worldwide IPTV Forecast from MRG confirms that the increased revenues of Telcos and IPTV Operators remain in positive financial territory, and are not negatively impacted by the global turmoil in the credit, oil and housing sectors. The forecast, based on most recently verified subscriber and revenue growth data, shows IPTV subscribers growing from 24.4 million to 92.8 million 2008-2012; and service revenue totalling $37.1 billion by 2012, with CapEx growing to $5.5 billion. While Europe's subscriber size in 2012 will remain dominant, Asia's subscriber base will nearly equal Europe's in 2012, followed by North America