THOMSON : Thomson Reaches Milestone of 1.5 Million Digital Cable Set-Top Boxes Shipped to Latin America's Largest Cable Operator, NET Servicos
Posted on: Monday, 19 May 2008, 09:00 CDT
Thomson Reaches Milestone of 1.5 Million Digital Cable Set-top Boxes Shipped to Latin America's Largest Cable Operator, NET Servicos
Thomson (Euronext 18453; NYSE:TMS) today announced that it has delivered 1.5 million digital cable set-top boxes to Brazilian cable operator NET Servicos. This milestone underscores both Thomson's position as one of the leading providers of convergent premises solutions to operators worldwide and its key role in supporting NET Servicos' expansion plans in the Brazilian market.
With more than 2.5 million pay-TV subscribers, 1,6 million broadband customers and 718,000 fixed telephony lines, NET Servicos is the largest cable operator in Latin America and a pioneer in the region in terms of its triple-play offering. With a potential 9 million homes passed, its network extends for over 40 thousand kilometres covering 79 different cities across the country, including the main metropolitan regions of Sao Paulo and Rio de Janeiro.
In supplying its digital cable set-top box (DCI10NET) in tandem with broadband cable modems (DCM425), Thomson is supporting NET Servicos' plans to offer multi-service bundles of broadband and broadcast services to its cable TV subscribers.
Hitting the mark of 1.5 million set-top boxes installed over a two-year period illustrates the speed at which NET Servicos is digitizing its network and expanding the scope of its service offering to its subscriber base.
"With our extensive network and existing customer base, NET Servicos is well positioned to drive the adoption of both digital TV and associated bundles of voice and Internet access within Brazil" said NET CEO Jose Antonio Felix. "Our long-term partnership with Thomson will also ensure that we have access to the very best products and related expertise required to offer the richest multimedia experience to our customers."
"Unique in our ability to provide end-to-end solutions for the delivery of both modular and integrated triple play over cable, we look forward to helping NET Servicos further expand its broad and exciting range of services across the country." said Frederic Kurkjian, Vice President of Thomson's Video Premises Systems, in the Systems division. "This milestone is strong validation of both the strengths of our current product offering for digital cable TV and cable broadband delivery and our ability to support customers as they move towards bundling voice, TV and Internet".
According to industry analysts, IMS Research, the number of digital cable TV subscribers in Latin America was set to reach 4.598 million by the end of 2008 and further rise to 6 million by 2009.
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Certain statements in this press release, including any discussion of management expectations for future periods, constitute "forward-looking statements" within the meaning of the "safe harbor" of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on management's current expectations and beliefs and are subject to a number of factors and uncertainties that could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements due to changes in global economic and business conditions, "media and entertainment" markets, and regulatory factors. More detailed information on the potential factors that could affect the financial results of Thomson is contained in Thomson's filings with the U.S. Securities and Exchange Commission.
About Thomson -- World leader in digital video technologies
Thomson (Euronext Paris: 18453; NYSE: TMS) provides technology, services, and systems to help its Media & Entertainment clients - content creators, content distributors and users of its technology - realize their business goals and optimize their performance in a rapidly changing technology environment. For more information: http://www.thomson.net.
+--------------------+--------------------+--------------------+ | Press Relations | | | +--------------------+--------------------+--------------------+ | Martine Esquirou | +33 1 41 86 58 51|martine.esquirou@tho| | | |mson.net | +--------------------+--------------------+--------------------+ | Caroline Ponsi | +33 1 41 86 61 11|caroline.ponsi@thoms| | | |on.net | +--------------------+--------------------+--------------------+ | Brenda Clery | +33 6 83 30 57 57 |brenda.clery@thomson| | | |.net | +--------------------+--------------------+--------------------+ | Claudine Cecille | +33 6 07 86 55 52|claudine.cecille@tho| | | |mson.net | +--------------------+--------------------+--------------------+ | Investor Relations| | | +--------------------+--------------------+--------------------+ | Laurent Sfaxi | +33 1 41 86 58 83|laurent.sfaxi@thomso| | | |n.net | +--------------------+--------------------+--------------------+ | James Johnson | +33 1 41 86 61 48|james.johnson@thomso| | | |n.net | +--------------------+--------------------+--------------------+ | Linda Lovichi | +33 1 41 86 51 00|linda.lovichi@thomso| | | |n.net | +--------------------+--------------------+--------------------+
This information is provided by HUGIN
SOURCE: THOMSON
Source: MARKET WIRE
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