“During the quarter we secured a strategic position in a new next generation 4K DVB Video Gateway program with Liberty Global, which will allow us to further our international market portfolio,” Bob Stanzione, ARRIS Chairman and CEO told an investor call.
Stanzione added that Arris would benefit from Virgin’s £3 billion infrastructure upgrade in the UK. “We’re excited to be a key supplier to Liberty Global as part of their major infrastructure investment plan for the UK as well as their expanding business in Europe and South America. Our overall relationship and business with this strategically important customer will continue to grow over the next several years”.
Liberty’s next generation device will be based on the RDK software stack, managed by Liberty alongside Comcast and Time Warner Cable. It would be deployed in both 4K and non-4K environments.
Q4 revenues stood at $1.26 billion, up from $1.19 one year ago, and down from $1.4 billion in the previous quarter.
Set-top sales reduced by 11% year on year amid declining sales in the telco sector. Operators are reducing their capex with an eye on spectrum auctions.
Stanzione pointed out the start of 2015 was not that different from 2014 and said he expects pick up later in the year as operators increasingly focus on the home.
Arris is also seeing positivity from the deployment of DOCSIS 3.1 with lab and field trials due later this year.