January 25, 2013: SES SA (SESG), the world’s largest publicly traded satellite operator, sees pay-TV services as “a key driver” of growth in the telecommunications industry globally over the next four years.
Pay TV is forecast to generate industry revenue of $259 billion in 2016 from $194 billion in 2012, Leszek Bujak, sales director for Central and Eastern Europe at SES, said in an interview in the Serbian capital Belgrade yesterday.
“With continuous decline of fixed subscribers, stagnancy in subscriber growth in telephony and broadband, pay-TV service becomes a key viable complementary service,” Bujak said.
Read more at Bloomberg Businessweek