Conax secured 58 new customers in 2008, while its card deliveries were 40% up on the previous year.
All told, the content security company now delivers solutions to over 300 digital TV operators in 78 countries around the world.
Commenting on the results, Geir Bjørndal, the company’s EVP Sales & Marketing, said the company was well positioned to tap into a market that is likely to see the number of digital TV households double from today’s 350 million by 2013.
He added that Conax experienced 68% growth in India in just one year and is now the market leader in Latin America.