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Shanghai Telecom Collaborating with Siemens to Provide IPTV Services in ChinaSHANGHAI, China --(Business Wire)-- Dec. 21, 2005 -- Chinese broadband operator Shanghai Telecom Co., Ltd., and Shanghai Media Group (SMG) will be collaborating with Siemens to offer Internet protocol television (IPTV) services to a national market that now includes about 25 million broadband users and 360 million television viewers, announced the Siemens Communications Group at a press conference held today in Shanghai, China. Shanghai Telecom has been successfully testing the Siemens(R) SURPASS(R) Home Entertainment solution and, by the end of February, the operator plans to use the Siemens portfolio to offer IPTV services to 5,000 households in the Shanghai borough of Pudong. Market research firm In-Stat predicts that China's IPTV subscribers will grow to about 4.5 million IPTV users by 2008. The Siemens SURPASS portfolio will enable Shanghai Telecom to provide its subscribers, via a DSL connection and a set-top box, with television programming, Internet access, video on demand, digital recording of television programs and video conferencing made possible by a Web camera placed on the television set. Interactive wagering during live sports telecasts - popular in China - will also be available to subscribers. Siemens makes Internet protocol television (IPTV) services a reality today - throughout the world - with industry-leading processes, solutions and knowledge of broadband network infrastructures. Built on an open, standards-based architecture, the Siemens SURPASS Home Entertainment solution provides rich user experiences, efficient back-office management tools and the building blocks for complete convergence of entertainment, communication and smart home solutions - the Siemens LifeWorks(TM) vision. User-friendly IPTV gateways and smart home solutions are key components of the Siemens LifeWorks philosophy, a vision for anytime and anywhere digital media delivery without barriers. The SURPASS Home Entertainment portfolio is the IPTV solution of choice for more than 75 U.S. regional operators as well as many more worldwide. Globally, Siemens IPTV contracts now cover more than 38 million broadband lines. About Siemens Siemens AG (NYSE:SI) is one of the largest global electronics and engineering companies with reported worldwide sales of $96 billion in fiscal 2005. Founded nearly 160 years ago, the company is a leader in the areas Medical, Power, Automation and Control, Transportation, Information and Communications, Lighting, Building Technologies, Water Technologies and Services and Home Appliances. With its U.S. corporate headquarters in New York City, Siemens in the USA has sales of $18.8 billion and employs approximately 70,000 people throughout all 50 states and Puerto Rico. Thirteen of Siemens' worldwide businesses are based in the United States. With its global headquarters in Munich, Siemens AG and its subsidiaries employ 460,000 people in 190 countries. For more information on Siemens in the United States: www.usa.siemens.com About Siemens Communications Inc. Siemens Communications Inc. offers its customers a broad portfolio of communication products and services and is a leader in convergent technologies, products and services for wireless, fixed and enterprise networks. The company's portfolio ranges from devices for end users to complex network infrastructures and complementary services for enterprises, carriers and service providers. Siemens Communications Inc. is headquartered in Boca Raton, Fla. For more information, visit www.usa.siemens.com/communications Note: Siemens, SURPASS and LifeWorks are trademarks or registered trademarks of Siemens AG or its subsidiaries and affiliates. All other company, brand, product and service names are trademarks or registered trademarks of their respective holders. This release contains forward-looking statements based on beliefs of Siemens management. The words "anticipate," "believe," "estimate," "forecast," "expect," "intend," "plan," "should," and "project" are used to identify forward-looking statements. Such statements reflect the company's current views with respect to future events and are subject to risks and uncertainties. Many factors could cause the actual results to be materially different, including, among others, changes in general economic and business conditions, changes in currency exchange rates and interest rates, introduction of competing products, lack of acceptance of new products or services and changes in business strategy. Actual results may vary materially from those projected here. Siemens does not intend or assume any obligation to update these forward-looking statements. |
