NDS, a majority-owned subsidiary of News Corp., reported quarterly revenue of $205 million, up from $164 million in the same period last year. Net income was $46 million, compared to $35 million a year earlier.
Some key metrics:
- Smart card deliveries (in millions) reached 7.4 million, compared to 6.7 million a year ago
- The number of authorized cards reached 78.6 million, compared to 66.6 million a year ago
- Cumulative deployments of Middleware Clients reached 69.9 million, with 8.1 million additions in the quarter
- Bharti Airtel, India's largest cellular operator, has selected NDS's VideoGuard conditional access, MediaHighway middleware, and a customized electronic program guide (EPG) for the company's new direct- to-home satellite platform.
- NDS VideoGuard conditional access technology has been selected by Tianjin Broadcast & TV Network Co. Ltd., based in China, to protect its new digital cable service.
- NDS announced an agreement with Vision TV, Ukraine's first licensed DTH satellite pay-TV provider, to provide Vision TV with NDS's VideoGuard conditional access and MediaHighway middleware, as well as an EPG.
- China's Anhui Radio and Television Network Company selected NDS VideoGuard for the launch of digital cable TV services for its subscribers in Anhui.
- NDS announced an agreement to provide Serbia Broadband, the largest cable operator in Serbia, with an end-to-end system to secure and enable its national cable television platform. NDS already provides its VideoGuard Express system to Serbia Broadband's direct-to-home satellite television service, which incorporates NDS' conditional access, MediaHighway middleware and electronic program guide (EPG).
- NDS announced the acquisition of CastUp, Inc. ("CastUp"), a leader in solutions for the management and distribution of video over the Internet. CastUp, a profitable and fast growing company, will provide NDS with substantial know-how and experience in online video delivery.
- NDS has partnered with VBox and Cyberlink to deliver the first fully converged TV and PC platform to Israel's "yes". In addition, NDS announced that "yes" has chosen to implement NDS VideoGuard PC to secure and enhance the functionality of its new web-based video content portal.
