Rapid TV News: Latin America, Africa, India shine for Conax in 2013
As it reveals its annual results, global digital TV service protection specialist Conax is claiming continued strong annual growth over 2013.

As it reveals its annual results, global  digital TV service protection specialist Conax is claiming continued strong  annual growth over 2013.

The Oslo-based company reported that for  the calendar year, the security provider closed 2013 with 10% year-on-year  revenue growth and EBITDA growth of 5%. Q4 revenues grew by 14%  compared with the same quarter in 2012, and the company enjoyed a 33% Q4 EBDITA  growth versus Q4 2012.

During the year Conax closed customer contracts with 26 new pay-TV operators  and telcos in 2013 with Latin America, Africa and India securing the most new  business. Overall Conax technology is now present in 85 countries.

In 2013, the company deployed multiscreen platforms and launched key  new initiatives and solutions including security-hardened MS PlayReady DRM,  Conax Cardless and a new strategic partner programme. This is said further  strengthened its “unique position” in the digital TV services value chain for  providing total service protection.

“We have received a tremendous amount of positive feedback on our 2013  initiatives and are quickly seeing the fruits of our labour materialise into new  business,” commented president and CEO, Morten Solbakken. The market is very  positive about our direction. Capitalising on our momentum and the Conax strong  security brand, in 2014 Conax will continue to cultivate its broad solutions  portfolio by leveraging complementary technologies and strategic partnerships.  We will continue to offer new solutions for advanced operators keen to tap new  market segments and developing markets looking to position for the  future.”

Among what it believes will be the key milestones for the year will be a  celebration of ten years of strategic partnership with Star  Times, China. “We are very pleased with our strong partnership  and relations with Star Times and Star Times President, Mr Pang Xinxing,” added  Solbakken. “We look forward to further developing our partnership together in in  the coming years through new secure technologies and forward-thinking solutions  for capturing growth in these rapidly evolving markets.”