Kudelski’s digital TV revenues in H1 amounted to $144.5 million, down 8.9% on the same period last year.
Operating expenses were $0.4 million lower and OIBDA amounted to $0.5 million, compared to $16.4 million in H1 2021.
Despite the decline in digital TV revenues, the company notes that targeted solution initiatives are gaining momentum.
A focus on Nagravision’s anti-piracy solutions was important during the first half of the year as rising piracy concerns are driving additional demand from operators for intelligence-led solutions. Streaming protection through the Nagravision Active Streaming Protection framework is playing a key role for video service operators of all sizes in the fight against piracy.
Also, Nagra Insight is expanding its customer base by introducing its smart pricing solution, which utilises artificial intelligence to better analyse consumer behaviour and drive business performance. Creating a personalised digital twin for each individual subscriber, the system simulates scenarios of actions for every subscriber, predicting the impact on churn and revenues.
Kudelski’s group revenues and other operating income amounted to $333.4 million in H1, down from $340.5 million a year earlier, and EBITDA was $0.5 million, compared to $15 million.
