SPOTLIGHT: IPTV sluggishness hurts Tandberg


Tandberg TV's revenues came in a full 20 percent under what analysts' expected for the quarter, a result of a sluggish start for the IPTV market here in the U.S, according to the company. The revenues ended up at $80 million, far less than the expected $100 million. The loss of two large IPTV encoder contracts didn't help matters much either. Article

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