Originally featured on BroadcastEngineering.com
Telco TV subscription revenue to reach $19 billion in 2011, says In-Stat
Telco TV availability continues to grow to new countries as higher bandwidth networks are built to deliver video, according to market researcher In-Stat.
In many European countries, consumers can even choose among four or five broadband providers offering telco TV service, said In-Stat. This expansion of availability is driving subscriber growth.
In North America, the largest telcos — Verizon and AT&T — are aggressively rolling out telco TV services and driving subscriber growth, said In-Stat analyst Michelle Abraham.
A recent In-Stat report, “Worldwide Telco TV Services,” reveals:
- Worldwide telco TV subscribers will grow to 54 million in 2011.
- Due to subscriber growth, telco TV subscription revenue will reach $19 billion in 2011.
- Enabling subscribers to watch TV programs on their TV when they want is more important today than enabling them to watch TV on multiple devices.
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