Security provider Conax reported 36% revenue growth in 2008 based on global sales of its smart card security solutions. Conax's success is highlighted by strong growth in leading industry markets Europe, India, China and Latin America.
Conax, originally a research project at global telecom operator Telenor, is today the third largest provider of content security globally for digital TV, and is now merging into new markets within video distribution. A security specialist that works with a strategic network of partners to deliver complete digital TV platforms, Conax's partner strategy has made it the fastest growing security provider in the global content security market.
Security solutions to 78 countries
In 2008, Conax increased card deliveries by 40% from 2007 and captured 58 new customers. Conax now delivers security solutions to more than 300 Digital-TV operators in 78 countries and has local staff in 10 countries around the globe.
"Conax focuses on providing security only, so in turn the Conax organisation is smaller and leaner than competitors that look to offer a wide range of services and products. Conax's growth and increasing global market share is a result of maintaining our focus on providing security solutions, a carefully developed global strategy and strong network of partners," says Geir Bjørndal, EVP Sales & Marketing, Conax.
Strong global growth
"A comprehensive digitalisation process is taking place globally, with an anticipated doubling of today's 350 million digital TV households by 2013," says Geir Bjørndal. Conax has gained a reputation worldwide as a secure and dependable security provider, and is now well positioned through its strategy to tap the growing digital-TV market. Additionally, many of our large customers are experiencing strong growth with the global digitalisation of TV and evolving markets, resulting in additional card sales.
"Since the internationalisation of Conax technology began in 2001, Conax has developed a broad customer base. Conax experienced 68% growth in the Indian market in just year, and is now the market leader in Latin America. As many operators are now entering the start-phase of digitalisation, we are confident that a strong demand for our security solutions will continue," confirms Geir Bjørndal.
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About Conax (www.conax.com)
Since 1994, Conax has been a pioneer in its field and leading developer of security solutions for digital TV. Today, core product, Conax CAS7, provides content protection for premium pay-TV content via all types of networks -- cable, satellite, IP, terrestrial, and MMDS. Through its global network of partners, Conax is able to offer state-of-the-art content security to more than 300 digital TV operators in over 75 countries around the globe. Conax is ISO 9001 certified and ISO 27001 security certified. All Conax products are compliant with open standards.
Conax is fully owned by global player Telenor (www.telenor.com). Telenor has ownership interests in 12 mobile operators across Europe and Asia and more than164 million mobile phone subscribers worldwide.
Conax headquarters are located in Oslo, Norway, with subsidiaries in USA, India and Germany and sales & support offices in Russia, Singapore, China, South Korea, Brazil and Canada.
Visit Conax at key industry events during spring 2009:
Convergence India Delhi, ABU Kuala Lumpur, CCBN Beijing, IPTV WF London, Satellite 2009 Washington DC, NAB Las Vegas, Anga Cable Cologne & Broadcast Asia Singapore
For more information, please contact:Geir Bjørndal
EVP Sales & Marketing, Conax
Email: geir.bjorndal@conax.com
Phone: +47 22 40 52 00
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