STRATEGY ANALYTICS: EXPLOSIVE CHINA GROWTH DRIVES
ASIA-PACIFIC BROADBAND MARKET
Residential Subscriber Base Will Triple by 2010
Boston, MA - April 20, 2005 - Driven by explosive growth in China, the
number of homes using broadband Internet services in the Asia-Pacific region
will grow from 61 million today to 176 million by 2010, according to a new
Strategy Analytics forecast, "Residential Broadband Internet Service in the
Asia-Pacific Region: Market Outlook & Analysis." The firm predicts that
although China trails other Asian markets in broadband adoption today, the
immense size of the Chinese consumer market will make it a key driver for
broadband growth in the region. By 2010, the Chinese market will account for
64 percent of all residential broadband users in the region, up from less
than 40 percent today.
"Household penetration for DSL and other types of broadband Internet access
is still less than 10 percent in China," notes Martin Olausson, Senior
Analyst with the Strategy Analytics Digital Consumer Practice. "In a market
with over 400 million homes, this leaves plenty of room for growth over the
next five years and beyond."
The Asia-Pacific region also includes countries that already lead the world
in broadband adoption. 77 percent of homes in South Korea use broadband
today, while Taiwan, Hong Kong and Singapore all boast penetration rates of
50 percent or more. In these mature markets, service providers will need to
use a combination of higher access speeds, lower prices and rich media
content to sustain growth over the next five years.
About Strategy Analytics
Strategy Analytics, Inc. - a global research and consulting firm - provides
timely insights and strategic business solutions to companies operating at
the convergence of information, communications and entertainment
technologies. With worldwide headquarters in Boston, MA. and principal
offices in England, France and Germany, Strategy Analytics focuses on market
opportunities and challenges in the areas of Automotive Electronics &
Multimedia, Digital Consumer, Wireless Strategies and Enabling Technologies.
For more information, see
www.strategyanalytics.com
US Contact:
James Penhune, +1 617 614 0701,
jpenhune@strategyanalytics.com
European Contact:
Martin Olausson, +44 1908 423 611,
molausson@strategyanalytics.com
- In another major consolidation in the alcohol industry, Fortune Brands and
Pernod Ricard said early Thursday they have reached an agreement for a $14
billion buyout of Allied Domecq.
Under terms of the deal, Pernod Ricard will buy Allied Domecq (UK:ALLD) (AED)
in a cash-and-stock deal, then sell several of the company's premium spirits
and wine brands to Fortune Brands for $5.3 billion.
Pernod said the deal, which is 80% cash, represents a 24.8% premium to the
closing price of Allied's stock on April 4, the last business day before the
existence of the discussions was made public.
Allied shareholders will receive 545 pence ($10.40) in cash, and 0.0158 of a
new Pernod share for every Allied Domecq share, or 670 pence ($12.79) a
share combined, Pernod said.
Allied Domecq shares rose 2.8% on news of the deal.
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