ZTE Transcoding Solution Nominated and Shortlisted for Awards in Multiple Categories
The IPTV (News - Alert) World Forum has nominated ZTE’s low bit high rate IPTV solution for the World’s Best Component or Enabler Award. The solution was also shortlisted for the Best Quality Improvement Solution Award and the Best Service Growth Achievement Award.
“ZTE’s (News - Alert) IPTV low bit rate high definition transcoding solution is a great driver for the global IPTV industry and we are honored to be nominated for this award,” said ZTE Business Products General Manager Chen Xinyu. “We continuously work to develop global IPTV technology.”
ZTE’s solution, which was on display last week at Mobile World Congress in Barcelona, decreases the amount of IPTV video streams needed for network transmission. Its encoding technology is more efficient that other solutions on the market, carrying HD content that would normally transmit at 8 Mbps at 3Mbps. These solutions reduce network capacity strain and lower costs of ownership for telecom operators.
ZTE has created the world’s largest H.264 IP network, with over 3 million online users and 12 million users worldwide. ZTE is currently China’s only listed telecom company, trading on both the Hong Kong and Shenzhen stock exchanges. The company led the industry with over 20 percent revenue growth in 2010 and dedicates 10 percent of its revenue to developing telecom solutions in emerging markets. The company is also a member of the UN Global Compact.
According to Informa (News - Alert) Telecoms and Media, IPTV revenue and subscriber numbers will double in five years. Asia will lead the way in number of subscribers, particularly in China and South Korea. The United States will come in a close second, followed by France and Western Europe. The number of subscribers will only include the five percent of the number of households with television sets, leaving plenty of room for continued growth. Revenue for IPTV is expected to grow to $11.9 billion by the end of 2016, an increase of $5.7 billion from the number recorded in 2011.
ZTE, for its part, delivers its solutions to over 500 operators in more than 140 countries around the globe.
Edited by Rich Steeves