From CNN:
Siemens to ‘drop Web TV in China’
German industrial conglomerate Siemens AG may withdraw from the Internet TV market in China, a local newspaper reported on Friday.
Siemens has dismissed its team in charge of Internet Protocol Television in China, the Shanghai Securities News said, citing industry sources saying that it was a “failure” for Siemens after the company had lost a bid to cooperate in the launch of IPTV services in Shanghai…
…China’s largest fixed-line company, China Telecom Corp., and Shanghai Media Group in September launched a joint Internet TV service.
Shanghai Media Group is the first company in China to receive a licence from Beijing to run IPTV…