Explosive growth in the number of pay-TV customers in Asia comes as U.S.-based cable companies have struggled to hold on to video customers in an increasingly splintered market.
Comcast last year just edged out
Next was China Telecom, a phone company that also offers Internet-based TV service, with 19.4 million pay-TV customers.
At the end of 2012, "the top 10 Asia Pacific operators each served more than 10 million video subscribers and still are on track for further growth," SNL Kagan said in its report.
U.S. companies increasingly have focused on signing high-speed Internet customers to help keep profits robust. Comcast has more broadband subscribers -- more than 19.4 million -- than any other North American firm. AT&T was not too far behind with 16.4 million subscribers, followed by
But Chinese firms are the undisputed champs in providing Internet service. China Telecom was the world's No. 1 fixed broadband provider, reaching more than 90 million high-speed Internet customers, SNL Kagan said.