IPTV Driving Set-Top Box Sales

The Dell’Oro Group reported that the IPTV subscriber base grew by 3.2 million in the fourth quarter of 2008 to reach 23 million subscribers at the end of last year, nearly double the number at the end of 2007. While Europe, Middle East, and Africa remained the largest market for unit shipments of IPTV set-top boxes, North America drove the market’s revenue growth in the fourth quarter as AT&T and Verizon continued to aggressively promote their television services.