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Tata Sky renews its trust in Technicolor
April 11, 2012
PARIS -- Technicolor (Euronext Paris: TCH) announces today that it reached the milestone of 5 million set-top boxes (STBs) delivered to Tata Sky, India's leading satellite operator with 6.5 million subscribers. This long-standing customer also awarded Technicolor a major contract for High Definition (HD) set-top boxes, whose shipment will start later this year. This important win comes in addition to a contract signed in 2011 for the supply of Standard Definition MPEG4 set-top boxes.
This contract reinforces Technicolor's footprint in the APAC region, where the Group already holds leading market positions. In addition, it illustrates the Group's know-how in addressing local technological specificities and its capability to propose competitive cutting-edge services.
Michel Rahier, President of Technicolor's Connected Home division, said "As a highly original pioneer and long-term leader in the satellite, cable and telecommunication industries, Technicolor is recognized by its customers for its strong technology expertise that brings innovation right into the heart of the digital home. We are proud to support Tata Sky's success for so many years, and to provide this leading satellite operator with our latest solutions."
Technicolor (Euronext Paris: TCH; NYSE: TCH)
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