(SinoCast via NewsEdge) Europe's UBS Securities estimated that the broadband subscriber base of China Telecom and China Netcom will rise to 63 million with an annual growth rate of 28% from 2005 to 2008.
Among them, the medium- and high-end users with an annual income of $12,000 are predicted to exceed 20 million.
China may see its IPTV user base exceed 500,000 by 2007, according to the company.
ZTE, a leading telecom equipment maker and wireless solution provider in the country, has taken the lion's share in China's fledging IPTV market.
The company's IPTV equipment is available for the broadband network based on several different standards.
UBS Securities thus predicted that ZTE may become the country's largest telecom equipment player.
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