Synergy sees IPTV gear spending up 47%

Synergy Research Group reported that sales of IPTV equipment worldwide rose about 47% during 2007. SRG said that Cisco Systems was the chief beneficiary of that spending, receiving about 59% of all IPTV-related carrier capital spending globally. Alcatel-Lucent received about 13% and Motorola about 11%. With carriers like Verizon Communications, AT&T, TeliaSonera and others still adding hundreds of thousands of new IPTV subscribers every quarter, market confidence is increasing and carriers continue to buy more gear to continue rapid expansion.

For more:
- read this report at IPTV News