Media Center: Press Release
NDS Opens New Delhi Office, Demonstrating Further Commitment to Indian Pay TV Market
Highlights:
- Latest NDS commercial office opens in New Delhi, extending
support for growing Indian digital Pay TV industry
- NDS strengthens investment in India – now with two
commercial offices supporting the local market and a growing
R&D centre providing core technologies for global digital
Pay TV operators
NEW DELHI, INDIA – May 20, 2008 – NDS,
the leading provider of technology solutions for digital Pay
TV, today announced that the company is increasing
its presence in India with the opening of a new,
sales and support office in New Delhi. NDS aims
to offer the Indian Pay TV industry the best service
and support of any technology provider.
Commenting in Mumbai, Sue Taylor, VP and General Manager of
NDS Asia Pacific said, “NDS is very optimistic about
the growth of the Indian Pay TV market and we are honoured
to be the partner of choice for leading broadcasters, platform
operators, and service providers delivering the latest services
and content to subscribers,” she said. ”We are
privileged to be able to partner with the leading operators
in both the satellite and cable space.” She continued: “The
opening of our sales and support office in New Delhi allows
us to enhance our reach and local support capabilities and
to better serve our existing and future customers.”
India is a dynamic market for digital Pay TV and is projected
to see some of the highest digital subscriber growth rates anywhere
in the world. Furthermore, according to forecasts from Media
Partners Asia, India’s digital Pay TV market will lead
the Asia-Pacific region in revenue generation by 2015. The major
factors promoting market development are government regulation,
high GDP growth, increasing demand for quality content and delivery,
and new market entrants offering both satellite and cable services.
The increase in competition and consumer choice in Pay TV is
accelerating uptake of digital solutions and is leading operators
to provide quality content, innovative applications, differentiated
services and improved delivery.
India’s established Pay TV market leaders, Tata Sky, Hathway
Cable and Datacom, as well as new market entrants Bharti and
Digital Entertainment Network (DEN), all rely on NDS systems
to protect and enable their Pay TV services.
In conjunction with the opening of the New Delhi office, the
NDS Mumbai office and Bangalore R&D centre continue to grow.
With 900 staff already in India, NDS is committed to providing
continuing support to the Indian market and to investing in further
expansion. With unprecedented emphasis on research and development,
NDS ensures our customers are market leaders, today and tomorrow.
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About NDS
NDS Group plc (NASDAQ: NNDS), a majority owned subsidiary of
News Corporation, supplies open end-to-end digital technology
and services to digital pay-television platform operators and
content providers. See www.nds.com for
more information about NDS.
Read about the latest developments at NDS and in the Pay TV
industry in World Vision
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Cautionary Statement Concerning Forward-looking Statements
This document may contain certain “forward-looking
statements” within the meaning of the Private Securities
Litigation Reform Act of 1995. These statements are based on management’s
views and assumptions regarding future events and business performance
as of the time the statements are made. Actual results may differ
materially from these expectations due to changes in global economic,
business, competitive market, regulatory and other factors. More
detailed information about these and other factors that could affect
future results is contained in our filings with the US Securities
and Exchange Commission. Any “forward-looking statements” included
in this document are made only as of the date of this document
and we do not have any obligation, nor do we undertake, to publicly
update any “forward-looking statements” to reflect
subsequent events or circumstances, except as required by law.
For further information:
| NDS |
|
| Cynthia Ritchie |
T: +44 (0)20 8476 8378 |
| Director, Corporate Communications |
critchie@nds.com |
| |
|
| Vanessa Griffiths-Green |
T: +852 2201 9151 |
| Director Marketing & New Initiatives, Asia Pacific |
vgriffiths-green@nds.com |
| |
|
| Breakaway Communications for NDS |
T: +1 212 616 6006 |
| Kelly Fitzgerald, Managing Partner |
kfitz@breakawaycom.com |