A new report from a Chinese state-backed research institute claims the introduction of "triple play" services for the nation's cable operators will generate roughly $100 billion in opportunities during the next several years.
Network upgrades, set-top box development, construction of information systems, and upgrading of broadband technology are expected to be worth $36 billion, while sales of services and terminals are expected to contribute $64 billion.
Furthermore, digital content development and
set-top box production and installation should create up to 200,000 new
jobs, according to a paper published by Wu Hequan, VP of the Chinese
Academy of engineering. The large scale project is expected to boost GDP
growth by 0.8%.
To read the full, original article click on this link: China Opens $100 Billion Triple Play Opportunity -- Telecommunications Services -- InformationWeek
Author: Mike Clendenin