129784668174116250_272Communications industry: focus on fundamental improvements recommended radio and TV equipment provider
Investment: communications industry fundamentals in a stable situation in 2012 1
tera gold, national telecommunications business volume accumulated $ 202.66 billion, up 18.8% over the previous year; Telecom business revenue accumulated 160.55 billion yuan, up 11.3% over the previous year. The same period, the cumulative net 20.669 million mobile telephone users in the country,Up to 1,006,923,000. Mobile phone users, 3G net increase of 15.495 million households, reached 143.919 million, penetration rates up to 14.4%. Good transport network equipment manufacturers benefited from capital expenditure growth in network data explosion, increasing transmission network upgrade requirements, 2012 investment in transmission networks become operational capital openFocus. Due to the rapid growth of IP traffic, operators, guarantee the quality of the transmission between base stations and core networks become the focus of investment. In this area, we mainly focused on metropolitan area networks and backhaul network, metropolitan area network will transition to a wave
tera power leveling, return network upgrade PTN is mainstream. From the perspective of enterprises, because of the scale of investment in transmission networks, high technical barriers, we believe thatIntegrated device providers will benefit from the industry's growth, focusing on ZTE, fiberhome communications. Triple play to accelerate the process, recommended radio and TV equipment provider, we judge the future broadcasting equipment manufacturers 2 year the economy will improve, industry will be gradually released. Demand is the driving force of impetus to strengthen from external factors, mainly policy-driven and competitive drive. Radio and TV networkNetwork operators are about to release a large number of investments to improve the network infrastructure, to make it meet the needs of future operations. Stations in the radio and TV equipment provider perspective, their external environment to improve. Judging from time point, we believe that the time is ripe. From the perspective of industry chain, in bi-directional technology, C-DOCSIS products have been mature, quarter of 2012Building small batch experimental is the probability of the event, benefiting Enterprise for digital video. Investment strategies investment strategies in the second quarter, we focus on two logical thinking, is a tradition in the area of telecommunications around the capital structure changes, it is recommended that attention to underestimate the value of integrated equipment providers; the second is a recommendation from the perspective of improving industry fundamentals of radio and TV equipment provider. At the same time, take into account competitive realStability and performance, stock recommendation, ZTE
tera gold, digital video.
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