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Thursday, October 25, 2007

Motorola Expects Big Things From IPTV Market

Motorola Expects Big Things from IPTV Market

It appears that Nighthawk Systems Inc. (OTCBB: NIHK) picked the right market, particularly if IPTV expert Motorola is on point with recent estimates on industry growth.

Motorola expects that:

The residential IPTV subscriber base to balloon from nearly 4.6 at the end of ’06 to nearly 60 million by the end of 2011; and
Shipments of IPTV set-top boxes to reach 7 million in 2007 and grow to more than 20 million by the end of 2011.

Now coming to market with an industry leading M2M and IPTV products, NIHK is beginning to gain some serious traction in two of the world’s hottest markets.

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