Conditional access provider Conax won 26 new pay TV and telco operator contracts in 2012 and entered four new countries, taking its total to 85, according to the company.
Telenor-backed Conax also saw its highest shipped volume on record, closing 2012 with a 20% increase on volume over 2011. Fourth quarter revenues also grew substantially, up by 9% from the same quarter in 2011.
“In 2012, Conax launched a new corporate strategy and brand, new products, new solutions and a new partnering strategy for securing our position in the value chain,” said president and CEO,Morten Solbakken. “We are very pleased these efforts have also materialized in an increased customer base and record volume.”