Pace in talks with Indian satellite firm
Digital TV technology group Pace plc has confirmed that it is talking to a satellite operator in India about launching a new digital service there.
The Saltaire-based group responded to recent national press speculation about a potential Indian deal with a short statement confirming the talks.
It has been reported that Pace is looking to supply set-top boxes to Tata Sky, an Indian pay-television provider which is a joint venture between Tata Group and Rupert Murdoch’s News Corp.
In its statement Pace said: “Pace plc notes recent press comment regarding its business in India and can confirm that it is currently working to agree contract terms with a satellite operator for the launch of a new digital service.”
If the talks in India open up new markets on the sub-continent it will continue the remarkable expansion that has seen Pace grow tenfold in the past four years to become the world’s number one set-top box supplier.
Source: The Telegraph and Argus - 04/03/11