UK-based set-top box vendor Pace is now well-positioned to withstand an economic downturn, according to CEO Neil Gaydon. Gaydon said the company was in a good position in terms of global coverage, and that the pay-TV equipment sector was performing well, driven by the transition to digital, the growth of the DVR as a replacement for the VCR and migration to HD to accompany growing sales of flat-panel TVs. Gaydon said that he expected pay-TV operators to dominate the multi-room digital conversion market as various countries approached digital switchover. "With analogue switch-off there's going to be a digital box in every room," he said. "It will be the pay-TV operators that do that." He said he expected operators to start to make technology choices about how to "connect up the home" in order to prevent second and third sets being converted through free-to-air digital boxes.
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