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NDS Q3 revenue up 20% to $213 million
 

Indiantelevision.com Team

(5 May 2008 6:00 pm)

 

MUMBAI: News Corp's NDS Group that supplies open end-to-end digital technology and services to digital pay-television platform operators and content providers, has announced today its operating results for the quarter ended 31 March , 2008.

Revenues for third quarter were up 20 per cent to $213.3 million. Nine-month revenue was up 25 per cent to $633.1 million.

Operating income for the third quarter was up 21 per cent to $43.3 million. For the nine-month period it was up 28 per cent to $151.1 million

NDS chairman and CEO Dr. Abe Peled said, "This has been another good quarter for NDS. We are particularly pleased with our continuing progress on entering the German pay-TV market, and our additional wins in India. Our CA contract extension with Viasat and expanding the relationship to include our MediaHighway middleware are also gratifying and clear evidence of our focus on customer support.

During the quarter New pan-Indian cable network operator, Digital Entertainment Network has chosen NDS's VideoGuard conditional access system, MediaHighway middleware and customized electronic program guide to secure and enhance its new digital cable service.

Hathway chose NDS XTV to launch the first cable DVR in India. Premiere selected NDS's VideoGuard conditional access system to secure its satellite pay-TV platforms in Germany and Austria. Migration from Premiere's incumbent provider will begin using customer-friendly simulcrypt technology. All new Premiere receivers will be equipped with VideoGuard. News Corporation beneficially owns a minority interest in Premiere.

The Tele Columbus Group, Germany's third-largest cable operator, has chosen VideoGuard to protect its independent networks. Tele Columbus will use a simulcrypt solution to support the launch of the new platform. Tele Columbus Group serves some 3.7 million cable-connected households, as well as a large number of satellite-facilitated independent networks, making it one of Germany's biggest multimedia service providers.

The Canal+ Group has deployed the latest generation of NDS' MediaHighway middleware to allow subscribers to easily transform their HD set-top boxes into HD DVRs. Canal+ and Canalsat subscribers in France can now add an external hard drive via the USB port on their HD set-top box to have a fully functional HD DVR. CANAL+ has also deployed NDS' MediaHighway to support its latest dual-tuner HD set-top box.

Scandinavia's Viasat Broadcasting has extended its contract with NDS to provide NDS's VideoGuard conditional access system to secure its digital premium pay-TV satellite platform. Additionally, a second new agreement covers the supply of NDS's MediaHighway middleware, customized electronic programme guide and XTV DVR technology in support of Viasat's recently announced HD satellite pay TV service.

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