IMDC’s Growth and OpportunityIMDC’s Growth and Opportunity
Regarding IMDC's IPTV solutions, there is a tremendous growing opportunity for the Company.
The IPTV (Internet protocol televeision) market has been growing at an astounding pace in the last few years with China being one of the leading players out of the world-wide community.
Moreover, the growth hasn’t only occurred in China -- broadband subscription enjoyed an upswing during Q1 2010, supported in part by healthy DSL growth in every region of the world.
Global broadband lines now top 484 million lines (484,788,597), representing a 12.41 percent in the last 12 months to end of Q1, with the number of IPTV subscribers growing to over 36.3 million.
Asia was responsible for more than 53 percent of the broadband lines added, with mainland China alone accounting for 45 percent of the total lines added worldwide in Q1.