NDS promises $150m to India
Conditional Access specialists NDS had a clutch of senior staffers in Delhi on Nov 4 to celebrate business wins in the nation and announce a new slice of local investment.
Dr Abe Peled led the NDS delegation and told journalists that NDS had already invested $120m in the country to date, but would add another $150m to that sum over the next 4 years. NDS made its first foray into India by opening an R&D facility in Bangalore in 2000.
NDS Group Chairman and CEO Abe Peled said: "Our research centre in Bangalore has over 1,000 employees and is the largest and fastest growing. In fact 26% of our total global employees are in India."
The operations of NDS in India now cater for big names like Bharti Airtel, Digital Entertainment Network (DEN), cable MSO Hathway and DTH operator Tata Sky, demonstrating NDS's commitment to helping its customers deliver an enhanced viewing experience to an estimated 16 million Indian viewers.
Anuj Gandhi, CEO, DEN said: "As the latest entrant in the cable space, DEN has been aggressively focused on continuously innovating to deliver more channels and services to its subscribers. NDS is an important partner for us as they offer a combination of local support and leading edge TV services, both of which are essential in the innovation process and help us achieve customer delight."
Indian cable giant Hathway’s MD/CEO Mr K Jayaraman said: "Hathway's partnership with NDS has resulted in an exceptional viewing experience for our subscribers."
NDS is in the process of being taken private by a j-v consortium that includes Permira and News Corporation, likely to close this winter.