| The company has also started marketing
initiatives in Romania and Poland. "We realise there is a big
opportunity in the markets of East Europe as the region is moving
from analogue to digital systems. Also new DTH companies are coming
up," says Debbad.
MagnaQuest has bagged initial orders worth over $1 million over
the last six months. This includes four contracts - Interactive
Technologies, Frontage Communication in Nigeria, Destiny Cable in
Philippines and Sumangali. For Frontage Communication, the deployment
was completed in May.
"The initial value of these contracts is worth over $1 million.
But this will go up once these service providers scale up their
operations," says Debbad.
In India, MagnaQuest has signed with InCablenet, Manthan Broadband
Services, Cablecomm SpectraNet and Broadband Pacenet as the solution
provider. "We thought India would develop as a big market for
us. We already had a presence in the Middle East. But CAS failed
to take off in India. Now we are looking at overseas markets,"
says Debbad.
MagnaQuest's strategy has been to become pre-integrated solution
partners with leading CAS players like Nagravision, NDS, Conax,
Irdeto, Viaccess and Philips CryptoWorks. "This has brought
us greater credibility in the global market," say Debbad.
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