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ZTE wins 100,000-subscriber IPTV contract from the Jiangsu branch of China Telecom
November 23, 2005
SHENZHEN, China -- ZTE Corporation (Shenzhen: 000063, Hong Kong: 0763), the fastest growing global provider of telecommunications equipment and network solutions, has won a 100,000 subscriber IPTV contract from the Jiangsu Branch of China Telecom, China's largest fixed-line telecommunications operator.
The IPTV project, following ZTE's IPTV contract win from the Shannxi Branch of the same operator in September this year, is also China's largest IPTV network.
China is experiencing surging subscriber demand for new communications and entertainment services and IPTV is seen as the cut-in point and foundation of the future digital home. It is a pivotal service for enabling telecommunications operators to provision subscribers with triple play services - voice, data and video. Global fixed-line operators are now focusing their attention on deploying IPTV services, and provisioning customised and rich-content services to subscribers.
Jiangsu is one of the most developed provinces in China and one of the most important strategic telecoms markets in the country. The IPTV project with China Telecom's Jiangsu Branch is a key part of China Telecom's IPTV trials, and is only the second tender result formally announced by the company after the Shannxi contract.
ZTE won the IPTV project in competition with most of the major international IPTV system providers. The win includes an agreement that ZTE will be the sole provider of IPTV systems and equipment to China Telecom, Jiangsu Branch.
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